Nice. Post-sweep compression with higher lows keeps bias neutral-bullish. A clean break above 0.1475–0.15 confirms continuation; otherwise expect more range. Risk is well defined.
Elez Bedh
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صاعد
$PIVX is currently trading around 0.1457, showing noticeable volatility with a ~-7.2% move in the last 24 hours. After sweeping liquidity near 0.1423, price has stabilized and is now moving inside a tight range. This kind of compression often precedes expansion.
On the 1H timeframe, candles are forming higher lows after the bounce, suggesting buyers are slowly regaining control. The rejection from 0.159 marked the local top, but price has not broken structure to the downside, which keeps the short-term outlook neutral-to-bullish.
Key resistance sits around 0.1475–0.1500. A clean break and hold above this zone, supported by volume, can trigger a continuation move toward the next supply levels.
If 0.1475 is flipped into support with strong momentum, PIVX can accelerate into a larger recovery move. Failure to hold 0.1420 would invalidate this setup and shift bias back to downside consolidation.