$PIEVERSE is trading around 1.52001 after a noticeable -5.86% move, showing clear short-term selling pressure. This price area is important because sellers currently appear more active than buyers.
A recovery above 1.53–1.54 could improve the structure and bring upside targets into play. On the other hand, continued weakness below 1.50 would keep the bearish pressure intact.
Trade Setup:
A recovery above 1.53–1.54 could improve the structure and bring upside targets into play. On the other hand, continued weakness below 1.50 would keep the bearish pressure intact.
Trade Setup: