$PIVX
/USDT Technical Analysis & Trade Signal💯🔥
Current Price: $0.3309
Key Support & Resistance Levels:
Support Level: $0.3055 (24h low)
Resistance Level: $0.3318 (24h high)
Technical Indicators:
Trend: Bullish (+6.06% increase in 24h)
RSI: Approaching overbought (>70), signals potential reversal or consolidation.
MACD: Positive, suggesting upward momentum.
Volume: Strong buy volume indicating high interest at current levels.
Price Targets:
1. Target 1: $0.3350 (Resistance breakout)
2. Target 2: $0.3400 (Next resistance level)
3. Target 3: $0.3500 (Mid-term bullish target)
Trade Signal:
Buy on pullbacks to support ($0.3055 - $0.3100) with a target towards $0.3350.
Sell/Take Profits near resistance levels around $0.3400 to $0.3500.
Monitor for signs of weakening momentum near the upper resistance to consider scaling out of positions.
The market currently shows strong bullish momentum with increasing trading volume, suggesting that further price increases are likely, but be cautious of any reversal due to RSI approaching overbought conditions.