🚀 PIVX/USDT — Breakthrough or Fall?
Current Price: 0.1391 USDT
Trend: Upward on the daily chart, but consolidation is occurring near a key level.
Key Zone: Resistance 0.1435, Support 0.1309.
🔎 Indicators
EMA(7/25/99) have converged → the market is in an accumulation phase.
RSI ~50 → neutral.
MACD and Stoch RSI without strong impulses.
📈 More Likely Scenario (Bullish)
The main chance for the market is a continuation of growth after consolidation.
If it holds above 0.1440, expect movement to:
🎯Target 1: 0.1500 (+4.5%)
🎯Target 2: 0.1580 (+11.3%)
📉 Alternative Scenario
If it fails to break 0.1435 and the price drops below 0.1309, a correction to 0.1250 (−10.2%) is possible.
🎯 Trading Ideas
📈Long Entry: upon breaking and holding above 0.1440
🎯TP1: 0.1500
🎯TP2: 0.1580
⛔️SL: below 0.1300
📉Short Entry: upon breaking 0.1309 → target 🎯 0.1250