Short Setup: The price ($0.37275) is near a recent local top, showing rejection wicks. The long red candle and subsequent consolidation suggest prior selling pressure. Short entry at $0.3800-$0.3900 targeting the recent low of $0.35486 (or lower support around $0.35) with a stop-loss above the 24h high ($0.49411) or a recent swing high (e.g., $0.40). This setup anticipates a continuation of the downtrend from the recent spike. #CryptoMarketWatch
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$PIEVERSE /USDT on the 15m chart.1-DEC-2025
Short Setup:
The price ($0.37275) is near a recent local top, showing rejection wicks. The long red candle and subsequent consolidation suggest prior selling pressure. Short entry at $0.3800-$0.3900 targeting the recent low of $0.35486 (or lower support around $0.35) with a stop-loss above the 24h high ($0.49411) or a recent swing high (e.g., $0.40). This setup anticipates a continuation of the downtrend from the recent spike.
#CryptoMarketWatch