šØ $PIVX /USDT ā Bearish Reversal Alert! š
$$PIVX as been rejected at the $0.1300 resistance, forming a lower high and showing clear downside pressure with consecutive red candles on the 1H chart. This points to fading momentum and growing seller control.
š» Short Trade Setup:
⢠Entry Zone: $0.1275 ā $0.1290
⢠TP1: $0.1245
⢠TP2: $0.1215
⢠TP3: $0.1190
⢠Stop Loss: $0.1308
š Market Outlook:
Sellers are gaining ground after multiple rejections from resistance, with breakdown signs across lower timeframes. As long as price stays under $0.1300, downside continuation remains likely.
ā ļø Pro Tip:
Perfect for intraday scalpers ā watch for rejection candles near the entry zone and exit quickly if buyers regain strength above $0.1308.