$PIVX has seen a sharp move upward, jumping more than 70% in a day and touching a high near $0.305 before cooling off around $0.289. That kind of spike usually means short-term traders are crowding in, not long-term investors. The 24-hour volume above 70 million PIVX suggests a wave of momentum-driven buying, possibly fueled by speculation rather than fundamental change. The coin’s recent strength looks impressive on the surface, but it’s also the sort of setup where early buyers can quickly cash out and trap late entries once the excitement fades.
Looking at the chart, $PIVX is pushing into a zone that previously acted as resistance, around $0.30–$0.31. If it fails to hold above $0.28 on the next pullback, the price could easily revisit the mid-$0.20s, where real buying interest will be tested. On the upside, breaking and holding above $0.31 would open room toward $0.35, but that would need sustained volume and not just short bursts of trading. Right now, it feels like a coin caught between genuine revival hopes and a speculative rush, and traders should probably decide if they’re in for the chart or for the project—because those are two very different bets.
