$PIVX
/USDT Technical Analysis🔥💯
Current Price: $0.3522
Trend: Bullish (Short-term Positive Momentum)
Support Levels:
First Support: $0.3257 (24h Low)
Second Support: $0.3430 (Buy Depth)
Resistance Levels:
First Resistance: $0.3619
Second Resistance: $0.3781 (24h High)
Third Resistance: $0.3807 (Sell Depth)
Momentum Indicators:
Short-term: Positive with a +6.66% increase in the last 24 hours.
Moving Averages: Likely bullish cross given current positive price action.
Trade Signal:
Entry: Buy at $0.3522
Targets (🎯):
1. First Target: $0.3619 (Resistance)
2. Second Target: $0.3781 (Resistance)
3. Third Target: $0.3807 (Sell Depth)
Stop Loss: Below $0.3257 to manage risk if the price reverses below support.
Momentum Outlook: The bullish trend is favored, but with caution due to resistance levels. A breakout above $0.3781 would provide confirmation for further upside momentum.
Consider watching volume and RSI for any signs of overbought conditions.