🚨 $PIEVERSE After breaking the trend — price explosion or distribution trap?
After a strong breakout of the upward trend line and a price surge to new peaks, bullish candles appeared confirming buyer control, with clear support from moving averages (EMA 7 and EMA 25) and strong positive momentum on the MACD indicator.
However, on the other hand… the RSI indicator reached very high overbought levels and the market may require a technical correction before continuing any healthy rise.
📊 Possible scenarios: ✅ Successful breakout with price holding above the broken trend → continuation of the rise and targeting higher peaks.
❌ Failure to maintain and a downward break below the breakout area → rapid corrective action to retest support.
🔥 The question now for the followers:
Are we witnessing the beginning of a strong upward wave or is this breakout just a trap before a drop?
⬇️ Share your prediction in the comments.
$PIEVERSE
