$PIEVERSE Going to crash! Pieverse is starting to look dangerous for the bulls. 🚨
Three recovery attempts, same result. Every time price pushes toward $2.10–$2.18, sellers come in and knock it back down.
And this is happening after an already massive dump.
That’s what makes me bearish here. Buyers have had several chances to reclaim that resistance, but they still can’t hold the higher levels.
Meanwhile, there’s liquidity sitting below the recent lows. If support gives way, things could get ugly pretty quickly.
I don’t think we need some complicated scenario either. Just 2–3 strong red candles could send $PIEVERSE straight toward:
$1.6 → $1.555
The only thing that would seriously challenge my bearish view is a convincing breakout above $2.18.
Until then, I have no reason to chase another pump.
Bulls have tried to recover several times. Sellers keep shutting the door.
Now let’s see if they finally push this thing lower.
Three recovery attempts, same result. Every time price pushes toward $2.10–$2.18, sellers come in and knock it back down.
And this is happening after an already massive dump.
That’s what makes me bearish here. Buyers have had several chances to reclaim that resistance, but they still can’t hold the higher levels.
Meanwhile, there’s liquidity sitting below the recent lows. If support gives way, things could get ugly pretty quickly.
I don’t think we need some complicated scenario either. Just 2–3 strong red candles could send $PIEVERSE straight toward:
$1.6 → $1.555
The only thing that would seriously challenge my bearish view is a convincing breakout above $2.18.
Until then, I have no reason to chase another pump.
Bulls have tried to recover several times. Sellers keep shutting the door.
Now let’s see if they finally push this thing lower.
