$PIVX is starting to transition from distribution to accumulation, and the structure you’re pointing out makes sense.
After a long downtrend, the key thing to watch is stabilization, not instant pumps — and that’s exactly what’s happening here. Sellers are losing momentum, volatility is compressing, and bids are finally absorbing supply.
📊 Trade Logic Breakdown — $PIVX (LONG)
Market Context
Extended downtrend → exhaustion phase
Price now holding a base instead of making lower lows
Early higher-low structure forming (shift in momentum)
Setup
Entry Zone: 0.123 – 0.126 (value area / demand)
TP1: 0.132 → first liquidity grab / local resistance
TP2: 0.138 → range high reclaim
TP3: 0.145 → trend reversal confirmation zone
Stop Loss: 0.118 → clean invalidation below structure
🧠 Risk Perspective
RR is favorable if entries are taken near the lower end of the zone
Best managed as a scaling trade (partials at TP1)
If BTC shows weakness, expect slower follow-through — patience required
⚠️ Invalidation
A clean breakdown below 0.118 kills the setup
No averaging below invalidation — structure > hope
This isn’t a FOMO trade — it’s a base-building continuation attempt.
If momentum confirms, the move can expand quickly due to thin overhead supply.
Stay disciplined. Let price confirm. 👀📈
