🚀 PIVX (PIVX/USDT) Technical Outlook 🚀
Currently, PIVX is testing a strong resistance area (highlighted in red on the chart). This level has acted as a major barrier for buyers, making it a key zone to watch.
📉 Short-Term Forecast:
The price is showing signs of exhaustion and may pull back to retest the support at $1.007. This level will act as a foundation for the next potential move upward.
📈 Breakout Scenario:
If PIVX gathers enough momentum and successfully breaks through the resistance zone, the bullish targets ahead are:
🎯 $1.74 (first resistance breakout target)
🎯 $2.14 (continuation target with higher momentum)
🎯 $2.78 (major upside target if trend strength holds)
⚡ Why This Matters for Traders?
Resistance retests are critical for spotting strong breakouts.
Support zones (like $1.007) often provide low-risk entry opportunities.
With increasing attention on mid-cap altcoins, PIVX could see explosive moves once momentum confirms.
🔑 Key Takeaway:
Patience is key — wait for confirmation at support and watch the breakout levels. A clean breakout could open the door to big gains.
💬 Do you think PIVX will break through on the first attempt, or will it need a deeper correction before rallying higher?
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