📊 $PIVX /USDT Market Analysis & Short-Term Trade Plan
Market Overview
Current Price: $0.4164
24h High: $0.4920
24h Low: $0.3007
Price Change: +38.43%
24h Volume: 79.64M PIVX ($31.80M USDT)
Technical Indicators
EMA: Indicates a bullish trend, with the price holding above key moving averages.
Bollinger Bands: Price is near the upper band, suggesting possible resistance or consolidation.
MACD: Positive momentum, though showing early signs of weakening.
RSI: Approaching overbought levels, caution is advised for new entries.
Support and Resistance Levels
Support: $0.3800 / $0.3400
Resistance: $0.4500 / $0.5000
Trading Strategy (Short-Term)
📌 Entry Zone: Enter near $0.4100–$0.4200 on pullbacks.
🎯 Profit Targets:
1️⃣ Target 1: $0.4500
2️⃣ Target 2: $0.4800
3️⃣ Target 3: $0.5000
🚨 Stop Loss: Place at $0.3800 to mitigate risks.
Risk Management Tips
1. Volume: Ensure sustained volume supports upward moves; decreasing volume may signal a reversal.
2. RSI: Watch for a drop from overbought territory for potential pullbacks.
3. Trailing Stops: Use to lock in profits if the price rises rapidly.
⚠️ Disclaimer: This is for informational purposes only. Always perform your own research before trading.