โ๐ $PIEVERSE
Bearish Continuation: The Trend is Your Friend
โThe market structure for $PIEVERSE remains heavy. Weโve seen a textbook "Lower High" form after the recent bounce, confirming that the bears are still in full control. This isn't panicโitโs a structured rotation toward a new Lower Low.
โAs long as price action remains capped below the immediate supply zones, the downside remains the path of least resistance.
โ๐ Short Setup:
โEntry Zone: 0.4680 โ 0.4800
โStop-Loss (SL): 0.4870 ๐ก๏ธ (Tight exposure to protect capital)
โOutlook: Previous short remains in play. Structure over hype.
โ๐ฏ Bearish Targets (TPs):
โ๐ TP1: 0.4490
โ๐ TP2: 0.4200
โ๐ TP3: 0.3980
โ๐ก Traderโs Insight:
โPatience is key here. There is no need to rush the tradeโlet the technical structure do the heavy lifting. We are watching the $0.4630 support level closely; a clean break there likely accelerates the move toward our final targets.
โRisk Management: Keep your position size controlled. Secure partials at TP1 and trail your stop-loss to protect the downside.
โโ๏ธ Written by: Nabiha Noor
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