#BTCRebound
the PIVX/USDT here’s a technical analysis along with suggested trade signal, Stop Loss (SL), and Take Profit (TP) levels
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### **Key Observations:**
- **Current Price:** $0.2036
- **24h High:** $0.2692
- **24h Low:** $0.1442
- **24h Change:** +37.10%
- **Recent Spike in Volume:** Signifies buying interest or a news event.
- **MA60 (Moving Average 60):** $0.2055 (current price is **below** it—mildly bearish)
- **Short-term EMA indicators (MA5 & MA10):** Indicate bullish crossover (MA5 starting to cross above MA10).
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### **Trend Analysis:**
- Short-term momentum appears **bullish** after a significant dip and strong recovery.
- There is a **reversal pattern** from the low near $0.1442, bouncing with higher lows.
- Price is consolidating slightly under the 60-period MA, which may act as **resistance**.
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### **Trade Signal:**
#### **Potential Buy Signal (Bullish):**
- Entry: **$0.2036**
- **Stop Loss (SL):** Below recent support, e.g., **$0.1950**
- **Take Profit (TP):**
- Conservative target (minor resistance): **$0.2200**
- Aggressive target (24h high retest): **$0.2650**
#### **Risk/Reward:**
- SL: -$0.0086
- TP1: +$0.0164 → R:R ~1.9
- TP2: +$0.0614 → R:R ~7.1
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### **Caution:**
- The price is still below the MA60, indicating some medium-term bearish pressure.
- Ensure to watch for **volume continuation**—if volume drops, the pump may fade quickly. #BinanceAlphaAlert #StablecoinPayments #AirdropStepByStep #Trump100Days $BTC