2025-12-30 02:27:16

PIEVERSE's recent move has been quite fierce, and the 15-minute K-line has provided several shorting opportunities.

From a technical perspective, the 1-hour RSI is still at 61.8, indicating some momentum, but the 4-hour RSI has surged to 72.3—definitely overbought. Currently, the price is around 0.65, with resistance at 0.68 above and support at 0.62 below. If it breaks below 0.62, there may be an acceleration downward.

For those looking to follow this correction, consider opening a short position around 0.648. This is the point where the 15-minute rebound lacks strength, making it a safer entry. Set the stop-loss at a break above 0.665, controlling risk within 2.6%.

Regarding targets, the first target at 0.625 can yield a +3.5% profit, and the second target at 0.605 can reach +6.6%. However, this position offers a good risk-reward ratio, but discipline is key—if the price breaks the level, you must exit. Better to miss this move than let the stop-loss be triggered.

PIEVERSE9,14%

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WhaleWatcher

· 12h ago

0.65 looks too risky at this level, with the 4-hour RSI already at 72.3, a clear overbought signal. Breaking out and running is the right move, don't be greedy for that small profit, taking profits when the time is right is the most important. Entering short at 0.648 feels like a gamble, just worried about being stopped out.

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LiquidityWizard

· 12h ago

Hmm, 4-hour 72.3 is a bit outrageous, and the probability of a short is indeed high. If it breaks below 0.62, I need to run. Discipline in stop-loss is the most important, don't be greedy. Entering short at 0.648 feels okay, but I'm worried about being stopped out. The first target is 0.625 for a safe profit, the second target is a bit far, and most likely won't be reached. If it drops further this wave, the gains could be good, but the prerequisite is to stick to discipline; otherwise, you'll be the one getting stopped out again.

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GateUser-7b078580

· 12h ago

Data shows the 4-hour RSI is already at 72.3. Although, breaking 0.62 is the real acceleration. Let's wait and see how historical lows respond.

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MevSandwich

· 12h ago

Haha, I've really never seen an RSI of 72.3 before. This wave of PIVVERSE is indeed impressive. Entering short at 0.648 feels okay, but I'm worried about being hammered when it breaks 0.665 and reverses. Sticking to discipline is right; stop-loss is the most critical. However, the target at 0.605 is a bit far. How can we ensure it won't be washed out along the way? Let's wait and see. Anyway, I'll go short first to test the waters.

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