I CAUGHT THE $PIEVERSE TOP WITH A SHORT — AND THE MOVE IS PLAYING OUT!
Yesterday, I shared my bearish outlook on $PIEVERSE when it was trading around $2.10–$2.20. Repeated rejections were showing signs of weakening buying pressure, and I was expecting a deeper correction.
Look where we are now! $PIEVERSE has dropped toward $1.73, and my SHORT position is already showing +$5,372 PROFIT!
But I'm not done yet!
MY NEXT DOWNSIDE TARGETS:
$1.40
$1.30
The 1H chart continues to show lower highs and lower lows. Every recovery attempt is facing selling pressure, suggesting that the bearish structure remains intact.
I'm keeping part of my SHORT position open because further downside is still possible.
However, a sudden bullish reversal could happen at any time, so risk management remains my priority.
One setup. One clear strategy. Another powerful move!
I'm still holding part of my SHORT. Let's see how far the bears can take it!
What's next — $1.40 or a sudden recovery?
Yesterday, I shared my bearish outlook on $PIEVERSE when it was trading around $2.10–$2.20. Repeated rejections were showing signs of weakening buying pressure, and I was expecting a deeper correction.
Look where we are now! $PIEVERSE has dropped toward $1.73, and my SHORT position is already showing +$5,372 PROFIT!
But I'm not done yet!
MY NEXT DOWNSIDE TARGETS:
$1.40
$1.30
The 1H chart continues to show lower highs and lower lows. Every recovery attempt is facing selling pressure, suggesting that the bearish structure remains intact.
I'm keeping part of my SHORT position open because further downside is still possible.
However, a sudden bullish reversal could happen at any time, so risk management remains my priority.
One setup. One clear strategy. Another powerful move!
I'm still holding part of my SHORT. Let's see how far the bears can take it!
What's next — $1.40 or a sudden recovery?
