SHORT $PIVX FROM KEY SUPPLY ZONE WITH CLEAR TARGETS 🔥
Entry: $0.0402 - $0.0410 🔥
Target 1: $0.0390 🚀
Target 2: $0.0375 🚀
Target 3: $0.0360 🚀
Stop Loss: $0.0438 ⚠️
Price is testing a resistance zone that has held for three consecutive sessions. The short setup offers a tight stop with 1:2 R:R on TP1 and extends to over 1:5 on TP3. Volume is declining on each retest, suggesting buyers are losing conviction at these levels.
A rejection here would likely sweep liquidity below $0.0380 before the next leg down. The structure is bearish as long as we stay under the daily swing high.
Are you shorting this level or waiting for a lower entry?
Not financial advice. Always manage your risk.
#PIVX #ShortSetup #Bearish #CryptoAnalysis
🔥
Entry: $0.0402 - $0.0410 🔥
Target 1: $0.0390 🚀
Target 2: $0.0375 🚀
Target 3: $0.0360 🚀
Stop Loss: $0.0438 ⚠️
Price is testing a resistance zone that has held for three consecutive sessions. The short setup offers a tight stop with 1:2 R:R on TP1 and extends to over 1:5 on TP3. Volume is declining on each retest, suggesting buyers are losing conviction at these levels.
A rejection here would likely sweep liquidity below $0.0380 before the next leg down. The structure is bearish as long as we stay under the daily swing high.
Are you shorting this level or waiting for a lower entry?
Not financial advice. Always manage your risk.
#PIVX #ShortSetup #Bearish #CryptoAnalysis
🔥