🔴$PIVX
PIVX
0.121
-0.41%
BEARISH SETUP: WEAK STRUCTURE NEAR RESISTANCE
$PIVX is struggling to sustain momentum near the upper range, indicating exhaustion after the recent push. Price action shows rejection around the local resistance zone, while the structure suggests limited upside continuation. A loss of the immediate support area can trigger a bearish continuation toward lower demand zones as sellers regain control.
Entry: Short on confirmation below the minor support zone
Targets:
TP1: 0.1200
TP2: 0.1150
TP3: 0.1100
Stop Loss: Above 0.1250 resistance
Risk Management: Risk only 1–2% per trade, wait for confirmation before entry, and book partial profits at each target.