Looking at the current structure, $PIEVERSE e has reacted strongly from the 0.345 support zone, which is clearly visible on the chart. That level acted as demand, and price bounced with rejection wicks — showing buyers are defending this area.
On the lower timeframe:
Price is trying to reclaim the short-term EMA (7)
RSI is around the 50 zone, indicating neutral-to-recovery momentum
Volume is stable, no panic selling after the dip
However, it’s important to stay realistic:
Price is still below EMA 25 and EMA 99, so the higher-timeframe trend is not fully bullish yet
This move currently looks like a recovery / pullback continuation, not a confirmed trend reversal
Logical View:
As long as 0.345 holds, downside risk is limited
Sustained acceptance above 0.375–0.385 would strengthen bullish continuation
Failure to hold support would invalidate the recovery
Right now, $PIEVERSE is showing short-term strength after support reaction, with potential upside continuation if structure improves. Trend-following traders should wait for confirmation, while aggressive traders may trade the bounce with strict risk management.
Trade what the chart shows — not what we hope.
