$PIVX

PIVX
PIVX
0.1801
+21.60%

USDT Technical Analysis

Price is trading around 0.1721 after a strong move from the 0.1475 low

Short term trend is bullish but consolidating

Key Levels Resistance 0.1775 then 0.1850 and major at 0.1970

Support 0.1680 then 0.1620 and strong at 0.1550

Market Structure Higher highs and higher lows visible

Price is cooling after rejection from 0.1970

Current candles show consolidation above support which is healthy

Indicators View Momentum is still positive

Pullbacks are getting bought quickly

No strong bearish signal yet on 15m

Trade Idea Buy on dip near 0.1680 to 0.1650

Targets 0.1780 then 0.1850

Extended target 0.1950

Stop loss below 0.1600

Overall bias remains bullish as long as price holds above 0.1650