🚨 $PIVX /USDT – Bearish Reversal Alert! 📉
$$PIVX as been rejected at the $0.1300 resistance, forming a lower high and showing clear downside pressure with consecutive red candles on the 1H chart. This points to fading momentum and growing seller control.
🔻 Short Trade Setup:
• Entry Zone: $0.1275 – $0.1290
• TP1: $0.1245
• TP2: $0.1215
• TP3: $0.1190
• Stop Loss: $0.1308
📊 Market Outlook:
Sellers are gaining ground after multiple rejections from resistance, with breakdown signs across lower timeframes. As long as price stays under $0.1300, downside continuation remains likely.
⚠️ Pro Tip:
Perfect for intraday scalpers — watch for rejection candles near the entry zone and exit quickly if buyers regain strength above $0.1308.