š PIEVERSEUSDT ā Trading Plan (Bias Bearish)
The market structure of PIEVERSE is still in a strong downtrend after a breakdown from the area of 0.60 and a sharp decline towards 0.33. The price is currently still moving below all major MAs, indicating that selling pressure is not over. As long as the price is unable to reclaim the supply area, the main opportunity remains directed towards continued declines.
š“ Main Setup: SHORT (Pullback Entry)
Entry Area:
0.40 ā 0.45
This area is a resistance zone as well as an MA area that has the potential to be a price rejection point.
Target Profit:
TP1: 0.36 ā quick reaction area / take partial profit
TP2: 0.30 ā strong support & main target for decline
TP3: 0.26 ā continuation demand zone if selling pressure continues
Stop Loss:
0.51
SL is placed above the supply zone & HTF MA as the invalidation boundary for the bearish scenario.
š” Risk Management Notes
Entry is advised to wait for a pullback, not to chase the price down
Secure positions at TP1, then move SL to BE if possible
Ideal volume decreases during pullbacks and increases during rejections
š¢ Alternative (Scenario Change)
If the price can close strongly above 0.50 ā 0.60 with volume, then the bearish scenario is invalidated and the market may enter a consolidation or reversal phase.
š§ Conclusion
As long as the price is held below 0.50, the structure is still controlled by sellers. The most rational strategy right now is to sell on strength with gradual TP, not early reversal speculation.
$PIEVERSE
