$PIEVERSE Sharp drawdown with heavy bearish momentum. Price broke multiple moving averages decisively, and any bounce so far looks corrective rather than impulsive.
MACD deeply negative and volume expansion on sell candles suggest distribution is still active. No clear base formed yet.
Bias: Bearish to neutral (wait-and-see) Support: 0.46–0.44 Resistance: 0.55–0.58 Final Take: Not ideal for longs until a higher low forms. Aggressive traders may scalp relief bounces, but trend traders should wait for structure repair above 0.58.
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$PIEVERSE Sharp drawdown with heavy bearish momentum. Price broke multiple moving averages decisively, and any bounce so far looks corrective rather than impulsive.
MACD deeply negative and volume expansion on sell candles suggest distribution is still active. No clear base formed yet.
Bias: Bearish to neutral (wait-and-see) Support: 0.46–0.44 Resistance: 0.55–0.58
Final Take: Not ideal for longs until a higher low forms. Aggressive traders may scalp relief bounces, but trend traders should wait for structure repair above 0.58.
(DYOR)
#PIEVERSE #CryptoMarketRebound #DecemberMarketOutlook #PostonSquaretoEarn$50 #FedRateCutComing