$PIVX /USDT 1H Binance Analysis signal 🚀🔥💯

Current Price: $0.3633 (+1.57%)

24h High: $0.4600

24h Low: $0.3200

Volume (PIVX): 4.319M

Market Overview:

$PIVX has recently shown solid gains, trading at $0.3633 after bouncing off key support at $0.3200. The price is now approaching resistance around $0.3800, and a break above this level could propel it towards $0.4000. However, if the resistance at $0.3800 holds, we may see a pullback to the next support levels.

Trade Setup:

🔵 Long Position:

Entry Zone: $0.3600 - $0.3700

Targets: $0.3800 | $0.4000

Stop Loss: $0.3400

🔴 Short Position:

Entry Zone: $0.3800 - $0.4000

Targets: $0.3700 | $0.3400

Stop Loss: $0.4100

Leverage: 5x (For optimal risk management)

Risk Management: Ensure stop losses are in place to protect against reversals, especially if price struggles to break the $0.3800 resistance.

Key Action Points:

Bullish scenario: A break and close above $0.3800 could push the price toward $0.4000 and higher.

Bearish scenario: A rejection at $0.3800 or failure to break higher could result in a pullback towards $0.3400.

Market Sentiment:

$PIVX is showing bullish momentum, but a clear breakout above $0.3800 is crucial for further upside. Watch for confirmation of a breakout or reversal.

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