Based on the PIVX/USDT daily chart analysis:

Current Status: $PIVX shows strong bullish momentum at $0.2576 (+52.61%), trading near daily highs after breaking above Bollinger Band resistance at $0.2416.

Technical Signals:

📈 Bullish Indicators:

- RSI(6) at 83.86 indicates extreme overbought territory

- Price broke above upper Bollinger Band, showing strong buying pressure

- Massive volume spike (165M) confirms breakout legitimacy

- MA(5) crossed above MA(10), bullish signal

⚠️ Caution:

Extremely overbought RSI suggests potential pullback or consolidation near $0.24 support. Watch for volume decline.

Outlook: Short-term bullish with correction risk. Consider profit-taking opportunities.

dyor always.

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