$PIVX /USDT SHORT TRADE SIGNAL – MASSIVE WICK REJECTION AFTER PARABOLIC SPIKE!

PIVX has surged over 70% but is now showing strong signs of exhaustion. Price action has formed a rejection wick near $0.2692, followed by bearish candles forming a lower high structure. A short opportunity arises as bulls struggle to regain momentum.

Trade Setup:

Entry: $0.2290 – $0.2320

Take Profit (TP): $0.2150 / $0.1980

Stop Loss (SL): $0.2375

Outlook: This setup favors short sellers capitalizing on an overextended pump. If volume continues to decline, PIVX could retrace toward previous support zones around $0.20.

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