$PIVX $PIVX

PIVX/USDT Analysis

Current Price: $0.3091 (+32.04%)

  • 24h High: $0.3227

  • 24h Low: $0.2200

  • Volume:

    • PIVX: 14.34M

    • USDT: 3.70M

Short-Term MA Levels:

  • MA(7): $0.2382 (short-term bullish trend).

  • MA(25): $0.2316.

  • MA(99): $0.2361 (price well above long-term average).

Key Levels

  1. Support Levels:

    • Immediate: $0.2900 (recent low).

    • Strong Support: $0.2500.

  2. Resistance Levels:

    • Immediate: $0.3227 (recent high).

    • Strong Resistance: $0.3500-$0.3700 (psychological zone).

Trading Strategy

1. Targets

  • Bullish Target: If price breaks $0.3227:

    • First Target: $0.3400.

    • Second Target: $0.3700.

    • Stretch Target: $0.4000 (if momentum sustains).

  • Bearish Target: If price loses $0.2900:

    • First Target: $0.2700.

    • Second Target: $0.2500.

2. Stop-Loss Levels

  • For Longs: Below $0.2900 (e.g., $0.2850).

  • For Shorts: Above $0.3227 (e.g., $0.3300).

3. Indicators

  • Volume is significant (14.34M PIVX in 24h).

  • Current price is far above MA(7), MA(25), and MA(99), indicating a strong upward move, but this could lead to a short-term pullback for consolidation.

Outlook

  • Bullish Scenario: Breakout above $0.3227 with strong volume could push towards $0.3500 and beyond.

  • Bearish Scenario: A drop below $0.2900 may test lower supports around $0.2500-$0.2700.

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