$PIVX

PIVX/USDT Technical Analysis: Key Levels and Entry Strategy

PIVX/USDT is trading at $0.3536, presenting a critical opportunity for traders. The price hovers in a consolidation zone, signaling a potential breakout. Here's what to watch:

Support Level: The $0.3400 level acts as a strong safety net, where buyers historically step in to defend the price. A break below could open the door to $0.3200, signaling further downside risk.

Resistance Level: The $0.3700 mark is the immediate barrier. A decisive break above this level could ignite bullish momentum, with $0.4000 as the next target.

Entry Strategy:

For bulls: Look for a confirmed breakout above $0.3700 with strong volume before entering.

For bears: Wait for a breakdown below $0.3400 to target lower levels.

Neutral traders may watch for consolidation near these key levels for a clearer trend.

The RSI at 45 suggests neutral momentum, but a rise above 50 could hint at strength. Meanwhile, the MACD signals potential bullish convergence. With low trading volumes, any spike could confirm the next significant move.

PIVX is at a crossroads—whether you're riding the trend or waiting on the sidelines, this setup demands attention!

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