🟢 $PIEVERSE (PIEVERSE/USDT) — Shorts Liquidated, Momentum Continuation Setup
PIEVERSE saw a short liquidation of $1.93K at $0.4932, signaling that bearish traders were squeezed as price pushed higher. Short liquidations usually confirm upward momentum, particularly when they occur during expansion phases rather than at range highs. A trend-following long entry is favored on a pullback into the $0.488 – $0.492 zone, turning prior resistance into support. Upside targets are projected at $0.515 for partial profit-taking, with an extended target at $0.545 if buying pressure remains strong. A stop loss below $0.472 protects against failed continuation.
Pro tip: Best continuation trades come when funding stays neutral — avoid entries if funding flips aggressively positive after the squeeze.
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