I am watching $PIVX closely now 🔥
The price has dropped sharply to around 0.2190, down nearly 17% in 24 hours. It touched 0.2750 at the peak and 0.2171 at the lowest — significant selling pressure after a rapid decline in sentiment.
I believe this drop came as short traders took profits after liquidity was withdrawn, but the volume looks good with 8.5M PIVX and 2.09M USDT traded in 24 hours. If the support holds, we may see buyers for trades soon.
Key levels:
Support: 0.2170 / 0.2100 (very important area)
Resistance: 0.2350 / 0.2500 (needs to break for strength)
Trend: Still bearish in the short term, but may be close to a reversal area.
My opinion:
If $PIVX stays above 0.2170, look for a rebound towards 0.2350 or maybe 0.2500.
If it breaks below 0.2100, the next support is around 0.1950.
📊 Potential movement:
I will look for a quick buy if it holds 0.2170 with good volume and higher highs.
If the price remains weak, I will sell at small highs until 0.2350 clearly breaks.
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