Trading Plan Short $PIEVERSE
$PIEVERSE just wicked the 0.8555 resistance, failing to hold any strength after the 1H pump.
Entry: $0.77-$0.80
Stoploss: $0.86
Targets: $0.73 / $0.65 / $0.55
PIEVERSE got stuffed at 0.8555, a clear rejection after pumping hard into supply. Sellers came in aggressive on the 1H, taking the price back into the range. Funding is rising and retail is piled long, thinking this pump holds. OI is up 3.95% on this local top, trapping new longs. I'm looking for a flush here. Reclaim $0.86, short voided.
Trade $PIEVERSE here 👇
$PIEVERSE just wicked the 0.8555 resistance, failing to hold any strength after the 1H pump.
Entry: $0.77-$0.80
Stoploss: $0.86
Targets: $0.73 / $0.65 / $0.55
PIEVERSE got stuffed at 0.8555, a clear rejection after pumping hard into supply. Sellers came in aggressive on the 1H, taking the price back into the range. Funding is rising and retail is piled long, thinking this pump holds. OI is up 3.95% on this local top, trapping new longs. I'm looking for a flush here. Reclaim $0.86, short voided.
Trade $PIEVERSE here 👇