$PIEVERSE just broke out of a structure that had been building for weeks
Price was respecting this rising channel and finally pushed through the upper trendline with a huge expansion candle, taking it to $1.7619. After a move like this I'm not interested in chasing the candle
I'm watching the breakout area for a possible retest. If buyers defend that zone, the breakout can continue. If price falls back inside the old channel, this breakout starts looking much less convincing
For now the setup is about the retest, not FOMO...
#Pieverse
Price was respecting this rising channel and finally pushed through the upper trendline with a huge expansion candle, taking it to $1.7619. After a move like this I'm not interested in chasing the candle
I'm watching the breakout area for a possible retest. If buyers defend that zone, the breakout can continue. If price falls back inside the old channel, this breakout starts looking much less convincing
For now the setup is about the retest, not FOMO...
#Pieverse
