$PIVX /USDT BULLISH BREAKOUT – BUYERS REGAIN MOMENTUM ABOVE KEY SUPPORT!
After a strong bounce from the support zone around $0.2240–$0.2560, PIVX/USDT has shown impressive bullish momentum, currently trading near $0.2877 with a 25% surge. The price recently tested resistance at $0.3130, indicating strong buying pressure. Indicators like EMA crossover and rising volume confirm that bulls are stepping in aggressively. If price sustains above $0.2800, a continuation towards higher levels is likely.
🔹 Trade Setup (Long Entry)
Entry: $0.2850 – $0.2900
Take Profit (TP) Targets:
TP1: $0.3050
TP2: $0.3210
TP3: $0.3450
Stop Loss (SL): $0.2680 (below recent support)
📊 Market Outlook
PIVX is showing a strong bullish structure with higher highs and higher lows. RSI is approaching the overbought zone, reflecting momentum but signaling caution for late entries. If price breaks and sustains above $0.3130, the next rally could accelerate. However, failure to hold above $0.2800 may trigger a retest of lower support.
✅ Summary
PIVX/USDT is gaining bullish strength with increasing volume and EMA support, making it favorable for long positions. Traders should monitor the $0.3130 resistance and protect positions with strict risk management.
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