๐จโก๏ธ $PIVX /USDT AT A PIVOTAL LEVEL โ WILL IT BREAK OUT OR PULL BACK? โก๏ธ๐จ
PIVX/USDT is currently trading at $0.1965 after seeing some volatility between recent highs and lows. The chart suggests that PIVX is at a critical level, where a decisive move could define the next trend. Traders should watch these key targets to anticipate whatโs coming next.
Current Price: $0.1965 USDT
๐ก 3 IMPORTANT TARGET LEVELS TO WATCH: ๐ก
๐ฏ Target 1 - Immediate Resistance: $0.2042 USDT
A move above this level could hint at a bullish breakout, signaling that buyers are stepping in. A break through this resistance could pave the way for further upward momentum.
๐ฏ Target 2 - Major Resistance: $0.2190 USDT
This higher resistance is crucial for a confirmed uptrend. If PIVX can sustain above $0.2042 and push towards $0.2190, it might attract more buying interest and confirm a stronger bullish sentiment.
๐ฏ Target 3 - Key Support: $0.1800 USDT
On the downside, this level serves as a crucial support. If PIVX breaks below this, it could lead to a deeper retracement, with sellers potentially dominating the market and pressing towards lower levels.
๐ ALL EYES ON PIVX โ WHAT'S NEXT? ๐ฎ
โ ๏ธ Bearish Scenario:
Failing to break above $0.2042 could mean a retest of the $0.1800 support. A breakdown below this support could result in further selling pressure, bringing in more bearish action.
๐ Bullish Breakout Potential:
On the other hand, if PIVX clears the $0.2190 resistance, it could kickstart a bullish rally, setting the price on an upward trajectory with increased interest from buyers.
Stay alert โ PIVX/USDT is at a crucial crossroad, and a major move could be just around the corner!
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