$PIVX
/USDT Technical Analysis & Trade Signal
Current Price: $0.3358
24h Change: +7.28%
Technical Indicators:
RSI (Relative Strength Index): Neutral to slightly overbought (Close to 60), suggests a possible continuation or consolidation.
MACD (Moving Average Convergence Divergence): Bullish crossover, indicating upward momentum in the short term.
Support: $0.3012 (previous 24h low)
Resistance: $0.3735 (24h high)
Trade Signal:
Trend: Bullish momentum, favored by the price above the moving averages and recent upward price action.
Momentum: Positive, with a good chance for the price to test higher levels.
Target Levels 🎯:
1. First Target: $0.3506 (Resistance zone)
2. Second Target: $0.3650 (Psychological resistance)
3. Third Target: $0.3735 (Recent 24h High)
Stop Loss:
Stop Loss: $0.2975, to protect against a breakdown below the 24h low and potential trend reversal.
Trade Setup Summary:
Consider entering a long position around the current level ($0.3358), with targets set at $0.3506, $0.3650, and $0.3735, while managing risk with a stop loss near $0.2975.
Note: Keep an eye on market volume and momentum for confirmations before entering a trade.