PIEVERSE Climbs 11% and Holds the Breakout: Is More Upside Ahead?
Pieverse (PIEVERSE) is trading around $1.15604, up 11.07% on the day, and the 4H chart shows a clean trend reversal in progress.
After building a base near $0.92477, price pushed through the moving averages and ripped higher, tagging $1.22 before sellers stepped in. Since then PIEVERSE has pulled back slightly, but the dip has been shallow and buyers are defending the short-term trend line.
What the chart is showing:
24h range: $1.0352 to $1.21807
24h volume: about $7.34M, with 34.2K transactions
Market cap: $357.79M, FDV: $1.16B
On-chain liquidity: $2.16M, with roughly 349K holders
MA(7): 1.15476, with price sitting right on top of it as dynamic support
MA(25): 1.07097 and MA(99): 1.04692, both now sloping up and sitting well below price, with the MA(25) having crossed above the MA(99)
Volume: a big spike on the breakout candles, with the MA(5) above the MA(10), though it is now cooling off during the pullback
My take: This is one of the healthier setups on the board. The breakout came with strong volume, the averages are stacked in a bullish order, and the pullback has been orderly rather than a full retrace. The $1.15 area near the MA(7) is the first support to watch. Holding it keeps the trend intact, and a clean 4H close above $1.22 would open the door for continuation. If it breaks down, the $1.07 zone around the MA(25) is the next level where buyers should show up.
Also worth noting, the FDV is more than three times the current market cap and on-chain liquidity is modest, so sharp moves are possible in both directions. I’m watching for the pullback to hold rather than chasing near the highs.
#Pieverse #PIEVERSE #CryptoAnalysis #TechnicalAnalysis #Altcoins
$PIEVERSE
Pieverse (PIEVERSE) is trading around $1.15604, up 11.07% on the day, and the 4H chart shows a clean trend reversal in progress.
After building a base near $0.92477, price pushed through the moving averages and ripped higher, tagging $1.22 before sellers stepped in. Since then PIEVERSE has pulled back slightly, but the dip has been shallow and buyers are defending the short-term trend line.
What the chart is showing:
24h range: $1.0352 to $1.21807
24h volume: about $7.34M, with 34.2K transactions
Market cap: $357.79M, FDV: $1.16B
On-chain liquidity: $2.16M, with roughly 349K holders
MA(7): 1.15476, with price sitting right on top of it as dynamic support
MA(25): 1.07097 and MA(99): 1.04692, both now sloping up and sitting well below price, with the MA(25) having crossed above the MA(99)
Volume: a big spike on the breakout candles, with the MA(5) above the MA(10), though it is now cooling off during the pullback
My take: This is one of the healthier setups on the board. The breakout came with strong volume, the averages are stacked in a bullish order, and the pullback has been orderly rather than a full retrace. The $1.15 area near the MA(7) is the first support to watch. Holding it keeps the trend intact, and a clean 4H close above $1.22 would open the door for continuation. If it breaks down, the $1.07 zone around the MA(25) is the next level where buyers should show up.
Also worth noting, the FDV is more than three times the current market cap and on-chain liquidity is modest, so sharp moves are possible in both directions. I’m watching for the pullback to hold rather than chasing near the highs.
#Pieverse #PIEVERSE #CryptoAnalysis #TechnicalAnalysis #Altcoins
$PIEVERSE
