#pivx $PIVX

Observations:

• Massive Breakout: PIVX has surged explosively from around $0.14 to $0.23+, with a very strong bullish candle and massive volume spike.

• Volume Confirmation: The breakout is backed by the highest volume bar on the chart, confirming strong participation from buyers.

• No Resistance Structure Yet: Since this move appears to be a fresh breakout, there’s minimal visible resistance above unless we zoom out to higher timeframes.

Key Insights:

• Current Bias: Strongly Bullish

• This is a momentum-driven breakout, likely news- or catalyst we-backed.

• Price could see continuation toward $0.28–0.30 if current levels hold.

• Caution Zone:

• The rally is very steep and vertical, so a short-term pullback or consolidation is likely soon (maybe around $0.24–0.20).

• Late entries here are high-risk unless you’re buying dips or watching lower timeframes for structure.

• Support to Watch:

• Immediate support: $0.20

• Stronger support zone: $0.16–0.18

Conclusion:

• Ideal move now: Wait for a pullback to $0.20–0.21 with bullish confirmation, or ride a short-term breakout if lower timeframes show continuation with tight risk management.