$PIVX /USDT BULLISH CONTINUATION AFTER STRONG MOMENTUM SURGE
$PIVX /USDT shows a powerful impulsive rally on the 1H chart, breaking through multiple resistance levels with strong bullish candles. After hitting a local peak, price is now undergoing a controlled pullback, forming a healthy retracement rather than a reversal. Buyers remain dominant as long as the structure holds above the mid-range support zone.
The chart favors a bullish continuation move once the pullback forms a solid confirmation candle.
LONG ENTRY:
• Enter on a confirmed bullish candle closing above the pullback support region.
TARGETS (TP):
• TP1: Closest intraday resistance
• TP2: Recent swing high zone
• TP3: Extended upper resistance from the breakout projection
STOP LOSS (SL):
• Below the nearest higher low to protect the continuation structure.
RISK MANAGEMENT:
Risk only 1–2% per position, avoid entering during extended wicks, secure partial profits at each TP, and trail your stop as price continues upward.
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