🔻 $PIVX /USDT — SHORT TRADE SETUP: BEARISH RETEST ACTIVE
After a minor recovery attempt, $PIVX faced firm rejection near the $0.2738 resistance, forming lower highs — a classic sign of fading bullish strength. Price has now slipped below $0.265, confirming renewed bearish momentum.
If sellers maintain control, a move toward the $0.258 support zone — or even lower — looks increasingly likely.
🔹 Trade Setup
Entry Zone: $0.2630 – $0.2650
Target 1: $0.2600
Target 2: $0.2580
Target 3: $0.2550
Stop Loss: $0.2738
📉 Outlook
Market sentiment remains cautious, and repeated rejections near resistance hint at a potential continuation of the downtrend if support levels fail to hold. Momentum favors short-term sellers while the structure remains below $0.265.
