$PIVX SHORT SETUP AS LOW VOLUME REJECTION AT RESISTANCE 📉
Entry: 0.0402 🔥
Target: 0.0390 🚀
Stop Loss: 0.0438 ⚠️
Volume has been shrinking on every upward push into the 0.0402–0.0410 zone, while the daily structure shows a clear resistance level that has held for weeks. The bid depth is thinning near the top, suggesting market makers are stepping away rather than absorbing supply.
This is a textbook liquidity grab attempt failing into a supply block. Shorting here offers a 1:2 risk-to-reward based on the nearest target. Are you fading this breakout or waiting for a confirmed breakdown?
Not financial advice. Always manage your risk.
#PIVX #ShortSetup #Resistance #Crypto #VolumeAnalysis
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Entry: 0.0402 🔥
Target: 0.0390 🚀
Stop Loss: 0.0438 ⚠️
Volume has been shrinking on every upward push into the 0.0402–0.0410 zone, while the daily structure shows a clear resistance level that has held for weeks. The bid depth is thinning near the top, suggesting market makers are stepping away rather than absorbing supply.
This is a textbook liquidity grab attempt failing into a supply block. Shorting here offers a 1:2 risk-to-reward based on the nearest target. Are you fading this breakout or waiting for a confirmed breakdown?
Not financial advice. Always manage your risk.
#PIVX #ShortSetup #Resistance #Crypto #VolumeAnalysis
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