$PIVX / USDT โ Trading Alert
Current Price: $0.3717
24h Change: +58% โ very strong bullish move
24h High: $0.4270
24h Low: $0.2225
Volume: Extremely high, confirming heavy buying pressure
๐ Technical Observations
Trend Direction:
The chart clearly shows a strong uptrend โ the price is trading well above the MA(7), MA(25), and MA(99) lines.
This indicates that bulls are in full control of the current move.
Support Zones (Demand Areas):
First support: $0.3200 โ $0.3400 (recent breakout zone)
Next key support: $0.2750 โ $0.2900 (near short-term moving average)
If the price pulls back into these zones and holds, buyers may step in again.
Resistance Zones (Supply Areas):
Immediate resistance: $0.4270 (todayโs high)
Next possible resistance: $0.4800 โ $0.5000 (psychological + historical level)
Momentum Check:
The volume is strong, showing real market interest.
However, the price looks slightly overextended, so a short-term pullback or consolidation could happen before the next leg up.
๐งญ What to Watch Next (For Learning)
If PIVX closes a candle above $0.4270, it could signal further bullish continuation.
If it drops below $0.3400, a short-term correction is likely.
Focus on volume and candle closes โ they confirm whether momentum is sustained or fading.
โ ๏ธ Risk Reminder
Crypto markets are highly volatile, so always use proper stop losses and small position sizes.
This is purely an educational analysis, not investment advice โ make trading decisions based on your own research.