$PIEVERSE — Bearish Reversal Setup Near Resistance
Short $PIEVERSE
Trade Plan
• Entry: 0.05460 – 0.05650
• Stop Loss: 0.05800
Targets:
• TP1: 0.05320
• TP2: 0.05200
• TP3: 0.05000
• TP4: 0.04930
• TP5: 0.04870
• TP6: 0.04720
• TP7: 0.04500
PIEVERSE is approaching a key resistance zone, where price action is starting to show signs of exhaustion after the recent upward push. The market is struggling to maintain higher levels, suggesting sellers may step in to trigger a corrective move.
This setup favors a short position from the resistance region, targeting multiple downside levels as the market potentially retraces toward deeper support zones. If selling pressure increases, the move could gradually extend toward 0.050 and below.
The bearish scenario remains valid as long as price stays below the $0.058 invalidation level. A rejection with increasing sell volume would strengthen the probability of continuation toward the lower targets.
Short and Trade $PIEVERSE here 👇🏻
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