The moment when the price breaks below the key upward trend line at 0.6418 has arrived, and PIERVERSE's current price of 0.6176 faces a major test. Although there has been a 31% increase since the trend started, the current situation is indeed a bit tense.

The price has fallen below the dynamic support, and the fluctuation range exceeds the ATR indicator—indicating that the market has entered an unstable zone. The upward momentum may pause here; the next question is whether it will consolidate or reverse, which everyone is watching.

The real test lies below. The dense support zone from 0.5358 to 0.5059 is the last line of defense. If it cannot hold here, the trend may completely turn downward. Traders need to keep their eyes open and see whether this critical point can stop the decline.