📊 Technical Analysis of PIVX
🔍 Current situation
- Current price: 0.1581 USDT
- Daily increase rate: +22.84%
- Highest price in 24 hours: 0.1990 USDT
- Lowest price in 24 hours: 0.1253 USDT
- Trading volume (24 hours):
- USDT: 10.67 million
- PIVX: 64.85 million
📈 Notes from the chart
- There is a very strong daily candle indicating an upward price explosion.
- The price bounced from a low at 0.1253 and broke short-term resistances.
- Buying momentum is very high, indicating sudden market interest.
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🎯 Potential targets in case of continued rise
TargetExpected PriceNotes🎯 First Target0.1750 USDTShort-term resistance🎯 Second Target0.1990 USDTHighest peak in 24 hours🎯 Third Target0.2250 USDTPsychological and technical resistance🎯 Fourth Target0.2500 USDTMedium-term target if momentum continues---
🛑 Support areas in case of a correction
SupportExpected PriceNotes🛡️ First Support0.1450 USDTSupport close to previous low🛡️ Second Support0.1300 USDTMedium-term support🛡️ Third Support0.1200 USDTStrong support in case of price collapse---
🔮 Future predictions
📌 Positive scenario:
- If the price holds above 0.1600 USDT, we may see a push towards 0.175 then 0.199.
- Continued momentum and increased trading volume may push the price towards 0.225 or even 0.250.
⚠️ Negative scenario:
- If reversal candles appear or trading volume declines, the price may return to test support at 0.145 or 0.130.
- Breaking 0.125 may weaken the upward trend and bring the price back to pre-explosion levels.
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🧠 Tips for Traders and Investors
- Do not enter after an explosive candle directly—wait for confirmation or correction.
- Watch the level of 0.1600: if maintained, it is a positive signal.
- Use a stop loss below 0.130 to reduce risks.
- Split your entry into stages and do not enter with your full capital at once.