$PIVX /USDT Trade Setup

Market Insight:

$PIVX has dropped sharply by -11.78%, retracing from a 24h high of $0.1688 to $0.1386. The price is now hovering just above the lower Bollinger Band ($0.1331), indicating potential oversold conditions. Selling pressure is high, but this could offer a bounce opportunity if support holds.

Entry:

👉 Buy Zone: $0.1340 – $0.1380

(Near lower Bollinger Band and above 24h low of $0.1348)

Targets:

🎯 Target 1: $0.1445 – Recovery to intraday resistance

🎯 Target 2: $0.1490 – Near Bollinger upper band / Mean reversion

🎯 Target 3: $0.1630 – Next major resistance / prior support flip

Stop Loss:

🛑 $0.1295 – Below lower BOLL band and key support at $0.1330 to avoid deeper downside.

Key Levels:

Support: $0.1340 / $0.1295

Resistance: $0.1445 / $0.1490 / $0.1630

Pivot Zone: $0.1411 (BOLL middle band)

Pro Tip:

Oversold conditions + heavy volume (44M PIVX traded) suggest a potential dead cat bounce or V-shape recovery. However, wait for a bullish 15m or 1h candle close with volume increase before entering. Keep tight risk management due to strong bearish momentum.

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