$PIVX
๐ท PIVX/USDT Technical Analysis: Is a Big Move Coming at $0.3393? ๐น
The PIVX/USDT pair is trading at $0.3393, holding steady within a tight range. With key levels approaching, this could be a make-or-break moment for traders looking to catch the next wave.
๐ Key Levels to Watch:
Resistance: The price faces strong resistance at $0.3500, where previous attempts to break higher were rejected. A clear breakout above this level could spark momentum toward $0.3700.
Support: Immediate support lies at $0.3300, with a critical floor at $0.3200, where buyers are likely to defend.
๐ Trend Analysis:
The market is consolidating, but the narrowing range suggests a potential breakout is near. Bulls are eyeing a push higher, while bears aim to drag the price below key support.
๐ฏ Entry Strategy:
Bullish Setup: Enter above $0.3500, targeting $0.3700 and $0.3800, with a stop-loss at $0.3350.
Bearish Setup: If the price falls below $0.3300, short positions could aim for $0.3200 or lower.
๐ก Pro Tip: Watch for spikes in trading volume at key levelsโthis will confirm the strength of a breakout or breakdown. PIVX is at a tipping pointโbe ready to act fast! ๐
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