$PIEVERSE The token has been under strong sell pressure today after failing to hold its recent peak. Price dropped sharply but is now showing early signs of a possible short-term bounce.
Right now the market is sitting near a support zone where buyers usually react. The momentum indicators are also recovering slightly after being deeply oversold, which often signals a short-term stabilization.
To get a clearer picture, I checked two different methods:
1️⃣ Short-Term View (1h Trend) Shows a heavy drop followed by a small recovery attempt. If volume continues to rise, we might see a slow climb back toward the mid-range levels.
2️⃣ RSI Trend View RSI dipped into oversold territory and is trying to reverse. If RSI holds above this level, a short rebound is possible.
These are just personal observations, not financial advice. Trade safely and always check your own analysis.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$PIEVERSE The token has been under strong sell pressure today after failing to hold its recent peak. Price dropped sharply but is now showing early signs of a possible short-term bounce.
Right now the market is sitting near a support zone where buyers usually react. The momentum indicators are also recovering slightly after being deeply oversold, which often signals a short-term stabilization.
To get a clearer picture, I checked two different methods:
1️⃣ Short-Term View (1h Trend)
Shows a heavy drop followed by a small recovery attempt. If volume continues to rise, we might see a slow climb back toward the mid-range levels.
2️⃣ RSI Trend View
RSI dipped into oversold territory and is trying to reverse. If RSI holds above this level, a short rebound is possible.
These are just personal observations, not financial advice. Trade safely and always check your own analysis.