$PIVX /USDT – SHORT TRADE SIGNAL

After an explosive rally of over +40%, PIVX has reached an overextended zone near $0.2130–$0.2200, where sellers are now stepping in. The chart shows a clear rejection wick from the top, indicating potential exhaustion in bullish momentum and a likely retracement phase ahead.

Trade Setup:

Entry: 0.1930 – 0.1960

Target 1: 0.1700

Target 2: 0.1550

Target 3: 0.1450

Stop Loss: 0.2140

Market Outlook:

The market is showing signs of profit-taking after a parabolic rise. If PIVX fails to reclaim $0.2000, bearish continuation toward the mid-support zones is expected as traders lock in gains.

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