📉 $PIEVERSE
Bearish Continuation: The Trend is Your Friend
The market structure for $PIEVERSE remains heavy. We’ve seen a textbook "Lower High" form after the recent bounce, confirming that the bears are still in full control. This isn't panic—it’s a structured rotation toward a new Lower Low.
As long as price action remains capped below the immediate supply zones, the downside remains the path of least resistance.
📉 Short Setup:
Entry Zone: 0.4680 – 0.4800
Stop-Loss (SL): 0.4870 🛡️ (Tight exposure to protect capital)
Outlook: Previous short remains in play. Structure over hype.
🎯 Bearish Targets (TPs):
📉 TP1: 0.4490
📉 TP2: 0.4200
📉 TP3: 0.3980
💡 Trader’s Insight:
Patience is key here. There is no need to rush the trade—let the technical structure do the heavy lifting. We are watching the $0.4630 support level closely; a clean break there likely accelerates the move toward our final targets.
Risk Management: Keep your position size controlled. Secure partials at TP1 and trail your stop-loss to protect the downside.
✍️ Written by: Nabiha Noor
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