🚀 PIVX/USDT Market Update & Trading Strategy
PIVX has just witnessed a massive bullish breakout with a huge volume spike, breaking out of its previous downtrend.
📈 Trading Setup & Strategy
⚠️ Risk Warning: Never chase a vertical pump (FOMO). The best strategy here is to wait for a healthy pullback/retest of support levels or enter on short-term consolidation.
Entry Zone (Buy on Dip): $0.0480 - $0.0520 (Looking for a retest of the breakout structure)
Aggressive Entry (Momentum Scalp): Current market price ($0.0592) if it sustains above $0.0580 on lower timeframes.
🎯 Take Profit (TP) Targets & Stop Loss
Target 1 (Short-term): $0.0680
Target 2 (Mid-term): $0.0760 (Near the 24h high resistance)
Target 3 (Moon Target): $0.0850+
🛑 Stop Loss (SL): $0.0420 (Below the major support level to manage risk)
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