#加密市场反弹 $PIEVERSE Technical Indicators Alert: Rebound Trap After Significant Correction
Recently, the market performance of PIEVERSE is worth caution. From the data, this wave of decline has reached 32%, and the underlying logic cannot be ignored.
📊 Issues at Hand:
1. Capital Outflow Out of Control — Large sums of money are quietly leaving the market; this is not a healthy adjustment but a clear sign of a head feature. The previous surge appears to have been to complete the final transfer of chips.
2. Technical Breakdown — The 7-day, 25-day, and 99-day moving averages have formed a continuous downward cross, and the price has lost support from the upward channel. Simply from the K-line structure, bears do hold the advantage.
3. Significant Liquidation Phenomenon — In the last 24 hours, the liquidation amount for long positions reached 1.1 million, while that for short positions was only 470,000. This 2.35 times disparity illustrates the risks of leveraging long positions. This is not just a simple stop-loss but a systemic release of bullish risks.
🎯 Trading Strategy:
Instead of blindly bottom-fishing, it is better to look for shorting opportunities during rebounds. Key price range: $0.5050-$0.5300 is the first resistance level for rebounds and also the area of highest risk.
Set the stop-loss line at $0.6100, aiming for targets below $0.4535 and $0.4200.
⚡️ Core Viewpoint: When the main players significantly reduce positions, the trend has broken, and liquidations are concentrated, any rebound requires extreme caution. Follow the trend; do not go against it. $PIEVERSE
