š $PIVX / USDT ā LONG TRADE SIGNAL š¢
š„ Market Overview:
$PIVX continues to show strong bullish momentum, respecting its ascending trendline support and maintaining a steady uptrend on the 1-hour chart.
The recent retest around $0.26 held firmly, signaling renewed buyer confidence and potential continuation toward higher resistance levels.
š Key Levels:
Support: $0.2270
Resistance: $0.3600
š Trade Setup (Long Position):
š° Entry Zone: $0.2650 ā $0.2750
šÆ Take-Profit 1 (TP1): $0.3100
šÆ Take-Profit 2 (TP2): $0.3600
š Stop Loss (SL): $0.2270
š” Market Outlook:
Price structure remains bullish, with higher highs and higher lows forming consistently.
The Aroon Up (85%) indicates strong trend momentum, supporting continued upward pressure.
Holding above the trendline keeps bulls in control; a breakout above $0.28 could trigger the next leg toward $0.36.
āļø Risk Management:
Risk-to-reward ratio (R:R) ~ 3:1 ā favorable for trend continuation trades.
Consider partial profit booking near TP1 to lock in gains.
Trail stop loss above breakeven once TP1 is achieved.
š Summary:
ā
Bullish trend supported by strong volume
ā
Trendline acting as dynamic support
ā
Targets up to $0.36 on sustained momentum