2026-01-03 08:23:36

PIEVERSE has recently been the subject of controversy, with many investors leaning towards a bearish outlook. However, from a technical perspective, the situation may not be as pessimistic.

This month's rally has already reached a 90% rebound height, and the one-hour timeframe is currently in a rebound, with signs of a close on the four-hour chart as well. The key point is that this correction has not shown the waterfall-style sell-off seen before, indicating that selling pressure is gradually easing.

From a pattern perspective, breaking new highs seems just one step away. Currently, it is only in a slight retracement and consolidation phase. If you want to participate, you might consider small positions to build a long position. The main resistance is around 0.90; once this level is broken, there is a chance to reach new highs.

How the market will develop next still depends on the reaction at this resistance level.

PIEVERSE-10,45%

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BlockDetective

· 01-06 08:01

Haha, a 90% rebound hitting this height, I have to say this move is indeed quite interesting. I agree that the selling pressure has eased, but can 0.90 really break? It depends on the performance in the next couple of days. Trying with a small position is okay, just don't go all in, got it?

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BuyAndSell

· 01-03 09:09

Unable to rebound, where does the confidence come from? Then let's set up an opposing position against you all. Bears, assemble.

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NFT_Therapy

· 01-03 08:46

90% rebounds are not broken through, indicating that there is indeed support at the bottom. Once it breaks 0.90, let's watch the show.

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FunGibleTom

· 01-03 08:36

A reduction in selling pressure is a signal, but it depends on whether 0.90 can truly break above it; otherwise, it's a rebound trap.

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LiquidationHunter

· 01-03 08:26

A 90% rebound is so strong, how can there still be people calling for a bear market? I don't understand. Still short of breaking a new high? Then just wait a bit longer, the resistance level is right there. This time, at least it proved something by not crashing completely, much better than before.

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