Purchase Objectives (Support)
In the event of a price correction, the following levels are considered potential buying areas:
First purchase target (moving average): around level 0.9556 (purple MB line), which is a strong pivot point.
Second purchase target (Bollinger bottom): at level 0.3704 (DN line), representing long-term support in case of violent fluctuations.
Nearby support area: the previous peak that was broken around level 1.0499.
Sale Objectives (Resistance)
As the currency is in a strong upward trend (+117%), the targets are:
First target (last peak): at 1.4879, which is the highest point the price has recently reached.
Second target (Bollinger ceiling): at level 1.5408 (yellow UP line), which is the current technical resistance.
Psychological target: if momentum continues, the price may test level 1.75 then 2.00.$PIEVERSE
In the event of a price correction, the following levels are considered potential buying areas:
First purchase target (moving average): around level 0.9556 (purple MB line), which is a strong pivot point.
Second purchase target (Bollinger bottom): at level 0.3704 (DN line), representing long-term support in case of violent fluctuations.
Nearby support area: the previous peak that was broken around level 1.0499.
Sale Objectives (Resistance)
As the currency is in a strong upward trend (+117%), the targets are:
First target (last peak): at 1.4879, which is the highest point the price has recently reached.
Second target (Bollinger ceiling): at level 1.5408 (yellow UP line), which is the current technical resistance.
Psychological target: if momentum continues, the price may test level 1.75 then 2.00.$PIEVERSE