Strategy Suggestions $PIVX
Short-Term Traders:
If you're already in the trade, consider using a trailing stop-loss to lock in profits while allowing for further upside.
Take partial profits around the $0.265–$0.270 level to reduce risk.
New Entry:
Avoid entering out of FOMO (Fear of Missing Out).
Wait for a pullback to key support zones (around $0.2149 or lower) for a safer and more strategic entry point.
Risk Alert:
Sharp spikes like this can sometimes be part of pump-and-dump schemes, especially in low market cap altcoins like PIVX.
Always use a strict stop-loss, ideally below $0.2100, to protect against sudden reversals.