$PIVX From the shadows of $0.13 to a breakout surge—Is PIVX about to skyrocket towards $0.50?

Strong Breakout: Price has broken out from consolidation around $0.13–0.15 to above $0.21 with a large green candle, indicating a volume-backed bullish breakout.

Price Targets Highlighted:

Resistance 1: $0.3087

Resistance 2: $0.4889 (aggressive target)

Projection Arrow Drawn: A bullish continuation pattern is marked, suggesting a potential small retracement followed by a rally to $0.30+ and possibly toward $0.48.

Bullish Signals:

Strong Volume Spike: Indicates institutional or whale accumulation.

Breakout from Long-Term Lows: The low of $0.13 was tested and rejected hard, signaling a potential reversal.

Momentum: Up +32% today with continuation strength suggests FOMO and breakout traders entering.

Short Squeeze Potential: The sudden rise can trigger short-covering rallies.

Bearish Caution:

Short-Term Overbought: A 30%+ daily move can be followed by retracement. Watch closely for a pullback to $0.18–$0.20.

Resistance Zones Ahead: $0.3087 is a psychological and historical barrier. Rejection here could trigger sell-offs.

Order Book: Slightly more sell orders (asks) than buys, so aggressive buying may pause temporarily.

Conclusion:

If you're already in: Consider partial profit booking near $0.30 and leave rest to ride toward $0.48 with a stop-loss around $0.19.

If you're planning to enter: Look for entry around $0.20 on pullback, ideally with volume confirmation.

Mid-Term Outlook: Bullish up to $0.48 if momentum sustains and BTC/ETH don't pull back sharply.