$PIVX /USDT short trade signal 🛑 🚦

BEARISH MOVE IN PROGRESS — SHORT TRADE TRIGGERED!

PIVX faced a sharp rejection near the 0.1258 resistance zone and is now forming a clear bearish engulfing pattern on the 30-minute chart. The price has failed to break above the resistance and is pulling back aggressively, signaling potential downside continuation. Sellers have stepped in strongly, and a short opportunity is shaping up perfectly!

Trade Setup (SHORT):

Entry: 0.1245

Take Profit (TP): 0.1228

Stop Loss (SL): 0.1254

Market Outlook:

The price is forming lower highs after rejection, indicating bearish strength. A break below 0.1235 may accelerate the drop. As long as the resistance at 0.1258 holds, downside potential remains dominant.

Risk Management:

Always use a fixed SL to minimize losses and adjust your position size accordingly. Avoid over-leveraging in this tight-range trade setup.

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