Yes â according to 1-hour chart, $PIEVERSE is showing strong bullish momentum, but it is already quite extended.
đ What the chart is showing
Price: $0.8629 (+17.68%)
Price is above MA7 ($0.803), MA25 ($0.769), and MA99 ($0.777) â bullish structure.
Several consecutive green candles with increasing volume â buyers are currently strong.
It broke above the previous $0.81â$0.82 area convincingly.
â ïž Important resistance
The immediate resistance is around $0.873â$0.875. The latest candle is already very large, so chasing at $0.86+ carries a higher pullback risk.
If it breaks and closes a 1H candle above $0.875 with strong volume, the next potential areas are:
$0.90
$0.95
potentially $1.00 if momentum remains strong.
đŻ Better entry
I would prefer:
$0.82â$0.84 â safer pullback zone
Above $0.875 after a confirmed breakout â momentum entry
If it falls below $0.81, the bullish setup becomes weaker.
My chart verdict: đą Bullish, with a good chance of another move upward, but don't chase the huge green candle blindly.
#pieverse
đ What the chart is showing
Price: $0.8629 (+17.68%)
Price is above MA7 ($0.803), MA25 ($0.769), and MA99 ($0.777) â bullish structure.
Several consecutive green candles with increasing volume â buyers are currently strong.
It broke above the previous $0.81â$0.82 area convincingly.
â ïž Important resistance
The immediate resistance is around $0.873â$0.875. The latest candle is already very large, so chasing at $0.86+ carries a higher pullback risk.
If it breaks and closes a 1H candle above $0.875 with strong volume, the next potential areas are:
$0.90
$0.95
potentially $1.00 if momentum remains strong.
đŻ Better entry
I would prefer:
$0.82â$0.84 â safer pullback zone
Above $0.875 after a confirmed breakout â momentum entry
If it falls below $0.81, the bullish setup becomes weaker.
My chart verdict: đą Bullish, with a good chance of another move upward, but don't chase the huge green candle blindly.
#pieverse