The strong breakout above the MA cluster is driven by the L2 roadmap hype. However, the upcoming Jan 12 token unlock is the major known.
Trade Setup
📌Entry:$0.849
🎯T1:$0.895
🎯T2:$0.935
🛑SL:$0.802
Trade the momentum into the unlock, but be prepared for a "sell the news" event. The stop below the MA(25) protects you if the unlock triggers a larger correction. This is a momentum play.
PIEVERSE
Alpha
0.50089
+2.98%