$PIVX /USDT – 15m chart you shared. Here’s a technical read based purely on what’s visible (not financial advice):
🔍 Market Structure
Short-term trend: Mild recovery after a sharp drop.
Price bounced from ~0.1234 support and is now consolidating around 0.1250.
Structure looks like sideways consolidation rather than a strong uptrend.
📊 Key Levels
Support
0.1234 – strong intraday low (buyers defended well)
Minor support: 0.1240–0.1242
Resistance
0.1260–0.1275 – multiple rejections visible
Break above 0.1275 with volume would be bullish
📈 Volume & Momentum
Volume spikes occurred on both sell-off and bounce → suggests active trading, not dead price
Recent candles show smaller bodies → momentum is weakening, market waiting for direction
🧠 Scenario Analysis
Bullish case
Holds above 0.1245
Break & close above 0.1260
Target zones: 0.1275 → 0.1290
Bearish case
Lose 0.1240
Likely retest 0.1234
Breakdown below that could push to 0.121–0.122
🧭 Trading Insight
This is a range-bound scalp zone, not a trend trade yet
Best strategy right now:
Buy near support, sell near resistance
Wait for breakout with volume before committing bigger size
If you want, tell me:
Are you spot trading or futures?
Short-term scalp or swing?
Do you want exact entry / SL / TP levels?
I can refine this precisely for your style.
