$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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