$PIVX is showing impressive strength after a +4.3% rally backed by rising volume, but disciplined traders should avoid chasing the move. A healthy pullback or consolidation is the safest opportunity to look for a high-probability entry.
The ideal long setup is a retest of the 0.0280–0.0279 support zone, followed by a strong bullish confirmation such as a bullish engulfing candle, pin bar, or increasing buying volume on the 5-minute chart.
Entry: 0.0280–0.0279
Take Profit 1: 0.0295
Take Profit 2: 0.0306
Final Target: 0.0325
Stop-Loss: Below 0.0271
If buyers fail to defend 0.0271, the bias turns bearish with potential downside toward 0.0270 and 0.0263. On the other hand, a strong breakout and sustained hold above 0.0299 could trigger the next bullish leg toward 0.0306 and 0.0325. Patience and confirmation remain the key to maximizing risk-to-reward.
#PIVX #CryptoTrading #Altcoins #Binance #Crypto $PIVX
The ideal long setup is a retest of the 0.0280–0.0279 support zone, followed by a strong bullish confirmation such as a bullish engulfing candle, pin bar, or increasing buying volume on the 5-minute chart.
Entry: 0.0280–0.0279
Take Profit 1: 0.0295
Take Profit 2: 0.0306
Final Target: 0.0325
Stop-Loss: Below 0.0271
If buyers fail to defend 0.0271, the bias turns bearish with potential downside toward 0.0270 and 0.0263. On the other hand, a strong breakout and sustained hold above 0.0299 could trigger the next bullish leg toward 0.0306 and 0.0325. Patience and confirmation remain the key to maximizing risk-to-reward.
#PIVX #CryptoTrading #Altcoins #Binance #Crypto $PIVX