$PIVX /USDT BULLISH BREAKOUT ANALYSIS
The chart structure suggests a bullish continuation after a strong recovery from recent lows and sustained momentum shown by the +10% gain and expanding trading volume. The repeated tests of overhead levels, combined with rising MA/EMA alignment and widening BOLL bands, indicate increasing volatility in favor of the upside.
MACD momentum also shows strengthening bullish pressure, supporting the possibility of an extended move.
LONG ENTRY SETUP
Entry: Above the recent breakout zone
TP1: First resistance area
TP2: Mid-range bullish extension
TP3: Major resistance retest
SL: Below the nearest support shelf / structure low
RISK MANAGEMENT
Use proper position sizing, respect stop-loss levels, avoid over-leveraging, and reassess if momentum weakens.
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