$PIVX – BEARISH BREAKDOWN IN PLAY! SHORT TRADE SIGNAL

LOWER HIGH STRUCTURE FORMED

BEARISH ENGULFING CANDLE CONFIRMED

$PIVX failed to hold above the key resistance at $0.1566 and has broken down with strong selling pressure. After multiple lower highs, price is now testing support near $0.1450. Momentum favors the downside.

Trade Setup:

Short Entry: $0.1450

Take Profit (TP): $0.1410 / $0.1365

Stop Loss (SL): $0.1490

Outlook: Weak structure with no immediate support bounce – further downside expected if $0.1450 breaks.

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