$PIVX /USDT Attempting Rebound — Eyes on Key Moving Averages
PIVX is trading at $0.1300 (+1.64%), showing a modest bounce from the 24h low of $0.1251, but still well below recent moving averages, which act as overhead resistance:
MA(7): $0.1385
MA(25): $0.1471
MA(99): $0.1447
Technical Breakdown:
The price remains below all major MAs, signaling an ongoing downtrend.
A reclaim of $0.1385 (MA-7) would be the first bullish trigger, potentially targeting $0.1430–$0.1470.
On the downside, failure to hold above $0.1250 could send PIVX to test $0.1220, with extended support near $0.1060.
Volume remains light, with just $578k in USDT volume, reflecting low trader conviction.
For any bullish scenario to unfold, PIVX must close above $0.138–$0.140 on strong volume. Until then, expect continued consolidation or lower lows.