Analysis and Signal for $PIVX
on Binance
Analysis:
Current Price: $0.3245 (+1.66%)
24h Range: $0.3136 - $0.3576
Price has rebounded from the low of $0.3136, but selling pressure is observed near $0.3370.
Resistance is at $0.3370 and $0.3576, while immediate support is at $0.3136.
Trading Signal:
Entry Point: $0.3245
Target (TP1): $0.3370
Target (TP2): $0.3500
Stop Loss (SL): $0.3150
Strategy:
Look for a short-term bounce toward $0.3370 (TP1) as price consolidates.
If momentum builds, hold for $0.3500 (TP2).
Stop Loss is critical at $0.3150 to protect against further declines.
Disclaimer: Use proper risk management and monitor price action closely.