$PIVX

USDT - High-Probability Short Signal (Post-Pump Fade Strategy)**

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#### **📉 Key Short Reasons**

1. **Extreme Overbought Conditions**

- **+69.82% in 24h** → One of the biggest gainers, ripe for profit-taking.

- **24h High Rejection at $0.2692** → Strong resistance held, sellers active.

2. **Technical Weakness Confirmed**

- **Price ($0.2296) Below MA7 ($0.2094)** → Short-term trend turning bearish.

- **Volume Divergence**: Current vol (1.8M) << MA5 (12.6M) → Bullish momentum fading.

3. **Critical Support/Resistance Flip**

- Previous support at **$0.2296** now acting as resistance after breakdown.

- Next key level: **$0.2149** (immediate support), then **$0.1843** (MA25).

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### **🎯 Precision Short Setup**

#### **Entry Zones (From Aggressive to Conservative)**

1. **Aggressive**: **$0.2290-$0.2320** (current price, weak bounce into resistance).

2. **Optimal**: **$0.2350-$0.2400** (near MA7 if retested for better risk/reward).

#### **Stop Loss (SL)**

- **SL: $0.2455** (above recent swing high and MA7 confluence).

#### **Take Profit Targets (Scalable)**

- **TP1: $0.2149** (-6.4%, minor support).

- **TP2: $0.1843** (-19.7%, MA25 + psychological level).

- **TP3: $0.1537** (-33%, swing low).

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### **🔍 Confirmation Tools**

- **Candlestick Patterns**: Wait for:

- Bearish engulfing / pin bar on **15M-1H** timeframe.

- Lower highs forming on retests.

- **Volume**: Declining buys + increasing sells = Confirmation.

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### **⚠️ Risk Management**

- **Position Size**: Risk ≤1-2% of capital.

- **SL Adjustment**: Move to breakeven at TP1.

- **Invalidation**: Close trade if price breaks **$0.2455** with volume.

**Quick Tip**: For faster entries, use a **limit order** at $0.2290 with tight SL.

**Signal Valid Until**: Price holds below $0.2400. Updates if structure breaks.

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**Ready to short? Check live charts for final confirmation!** 🚨