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#加密货币市场动态 Recently, I have been observing $PIEVERSE, and the technical pattern of this asset is indeed quite interesting.



The recent pullback was actually quite normal - after a project party drives the price up, they want to sell off, which is a common market behavior. But the key lies in the subsequent actions: it’s evident that they are washing out positions and re-accumulating, clearing out those retail investors who can’t hold on. Now we've re-established ourselves above the resistance level, and there are clear signs of a volume breakout.

From the intraday trend, this coin can be considered one of the more resilient ones among altcoins. If you are going to trade, I personally prefer to wait for a pullback to find support levels to go long, rather than chasing highs.

Of course, this is just a technical observation. How to play it specifically depends on individual risk control and position management.
PIEVERSE-1.82%
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DegenDreamervip
· 11-26 22:22
I'm tired of the Whipsaw Accumulation routine, but this pattern really can be observed. --- Wait, is there a breakthrough at the resistance level with higher trade volumes? Isn't this just the routine before a pump? Be careful, it might be another bull trap. --- Though it's resilient, I still need to guard my stop loss with these alts; don't gamble. --- Going long at the support level sounds good, but I trust my intuition more than the Candlestick. --- To be honest, it's right for retail investors to get washed out; that's the only way to pump. I believe in this logic.
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GateUser-74b10196vip
· 11-26 04:53
Bro, I've also been following this coin. The whipsaw this time really cleared out most of the retail investors. I'll wait for the support level to enter again, don't get trapped.
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BearHuggervip
· 11-24 11:53
Whipsaw accumulation is an old trick, let's wait and see if there is any substantial Favourable Information, otherwise it’s just lifting the market maker's sedan chair.
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ParanoiaKingvip
· 11-24 10:21
Whipsaw and Accumulation have been mentioned so many times, every time it’s said that once we stand above the resistance level, we will To da moon, but what’s the result? Wait, is this breakout with higher trade volumes for real, or is it just tricking retail investors to catch a falling knife?
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BlockchainGrillervip
· 11-24 10:20
I've grown tired of the Whipsaw and Accumulation trap; the key is whether it can truly break through later or continue to deceive.
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ChainMaskedRidervip
· 11-24 10:20
The routine of wash trading and accumulation is getting old, but this coin's resistance to drops is still decent. I agree with waiting for the support level before buying in, don't just chase the hype. Could PIEVERSE turn out to be another pump-and-dump scheme? If this wave breaks the resistance level and then pulls back, we’ll have to see what the trading volume looks like. Breakouts with volume... by the way, isn't this term showing up a bit too often lately? Haha. Honestly, you still have to watch the market yourself, don't rely entirely on technical analysis. Feels like another round of games is about to start, and retail investors just end up serving as fodder for the big players.
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SelfSovereignStevevip
· 11-24 10:17
I'm tired of this whipsaw accumulation; the key is whether the project party will think about playing people for suckers again. Waiting for the support level to go long sounds good, but this coin was said to be so in the last two rounds too...
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