$PIEVERSE : Just 2–3 Strong Red Candles Could Trigger Another Massive Dump!
Something concerning is developing on the chart, and many traders might be overlooking it.
After the massive sell-off, $PIEVERSE has made several attempts to recover. However, every push toward the $2.10–$2.18 resistance zone has been rejected.
This repeated rejection is a warning sign. Buyers are struggling to regain momentum, while sellers continue defending higher price levels.
Here's the bearish scenario I'm watching:
There appears to be a potential liquidity pool below the recent lows. If sellers break through the key support, downside momentum could accelerate quickly.
My downside targets:
$1.62
$1.59
In my view, just 2–3 strong bearish candles could potentially push $PIEVERSE toward this zone.
What could invalidate this setup?
A strong breakout and sustained move above $2.18 would weaken the bearish outlook.
For now, I'm watching closely. I don't see enough confirmation for another major pump yet.
My expectation: The next big move could be DOWN!
Let's see whether sellers take control again.
DYOR. Trade with proper risk management. Not financial advice.
Something concerning is developing on the chart, and many traders might be overlooking it.
After the massive sell-off, $PIEVERSE has made several attempts to recover. However, every push toward the $2.10–$2.18 resistance zone has been rejected.
This repeated rejection is a warning sign. Buyers are struggling to regain momentum, while sellers continue defending higher price levels.
Here's the bearish scenario I'm watching:
There appears to be a potential liquidity pool below the recent lows. If sellers break through the key support, downside momentum could accelerate quickly.
My downside targets:
$1.62
$1.59
In my view, just 2–3 strong bearish candles could potentially push $PIEVERSE toward this zone.
What could invalidate this setup?
A strong breakout and sustained move above $2.18 would weaken the bearish outlook.
For now, I'm watching closely. I don't see enough confirmation for another major pump yet.
My expectation: The next big move could be DOWN!
Let's see whether sellers take control again.
DYOR. Trade with proper risk management. Not financial advice.
