The recent trend of PIEVERSE is quite interesting - the 30-minute trading volume suddenly surged by 8.5%, which is uncommon during a Sideways period.



The current quote is 0.4585 USDT, with clear positions to defend both up and down. Looking down, 0.4574 is a key support level, about 3 points away from the current price; looking up, 0.4936 has become a resistance level, with a space of around 4 points.

The rapid increase in trading volume is usually a signal that the market wants to move. However, it is currently stuck between two positions, and rushing in can easily lead to being caught. A more prudent approach is to wait until the price approaches support or resistance before considering the direction, and to act only when the trading volume aligns accordingly. Keep a close eye on how it develops next.
PIEVERSE-9,79%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)