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๏ปฟPieverse will not touch 1$ figureHello Traders!
This is another short trade and looks like market is about to turn strong bearish. Pieverse is very close to round figure which is 1$ but according to strategy it will not be able to touch and. There will be strong fall in pieverse and it can show more than 25% drawdown from here.
Stoploss 1.018(-7.6%)
Target 0.7352(+22.1%)
My aim is to achieve highest win rate in tradingview trading community :) and we will definitely do that.
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Pieverse price analysisHonestly โ no idea what CRYPTOCAP:PIEVERSE even is ๐
๐ But one thing is clear: the token was heavily pumped, and it looks like users from a Korean exchange might be involved.
So just to keep things fair โ letโs outline possible correction zones for OKX:PIEVERSEUSDT.P ๐
๐ Scenarios:
โช๏ธ $0.47โ0.50 โ โlightโ correction
โช๏ธ $0.19โ0.20 โ so realistic based on trading history
Anything below thatโฆ letโs not scare anyone yet ๐
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๐ง DYOR | This is not financial advice, just thinking out loud
PIEVERSE/USDTBINANCE:PIEVERSEUSDT.P
## ๐น PIEVERSE Key Bounce (Support) Levels
These are areas where price previously reacted or based:
* **0.393 โ 0.397** โ Immediate short-term support
* **0.378 โ 0.382** โ Stronger demand zone (recent low base)
* **0.370 โ 0.373** โ Major bounce level (break = likely continuation down)
If price loses 0.37 cleanly on 4H close, structure turns weaker.
---
## ๐น PIEVERSE Resistance Levels
Where sellers stepped in before:
* **0.431 โ 0.435** โ Local range resistance
* **0.457** โ Mid resistance (prior rejection zone)
* **0.531 โ 0.535** โ Major resistance (previous breakdown area)
* **0.579** โ High timeframe resistance
---
## ๐น Structure Insight (4H)
* Still overall **lower highs structure**
* Needs clean break + hold above **0.435** to shift short-term momentum
* Bigger bullish shift only above **0.457**
Disclaimer : Not Financial Advice
Bearish Divergence - PIERVESE๐ป SHORT โ PIEVERSE
Strong bearish divergence is forming on the 15M timeframe, while RSI remains heavily overbought on both the 1H and 4H charts. Price has extended far beyond fair value, signaling exhaustion and an unhealthy rally. This multi-timeframe confluence significantly increases the probability of a sharp sell-off.
๐ฏ TP: 0.4867
๐ก๏ธ SL: 0.7005
๐ RR: 1 : 7.15
A high-conviction short: multi-timeframe overbought conditions + bearish divergence โ elevated reversal risk with asymmetric reward.
PIEVERSE โ Rising Channel Exhaustion & Correction SetupThe price is moving inside a clean rising channel , forming a classic three-wave structure: (a) โ (b) โ (c). The upper boundary of the channel has now been reached, and wave (c) shows signs of exhaustion, which often precedes a corrective move.
Given the overextended structure and the repeated reactions from the channel resistance, the market is likely preparing for a downside correction. Once the local top is completed, the price may break down from the channel and retrace toward the $0.20โ0.16 zone, where the next major support cluster sits.
This area also aligns with the expected correction depth after a completed ABC pattern.
Key Points:
Clean rising channel structure
Wave (c) is nearly completed
Expecting a correction after resistance rejection
Main target for the pullback: $0.20โ0.16
Scalp SHORT โ PIEVERSE๐ป Scalp SHORT โ PIEVERSE
Pieverse is printing a massive bearish divergence on the 1H timeframe, while RSI has entered extreme overbought conditions across most higher timeframes. Buying pressure is clearly fading, and price action is signaling the formation of a local top. A strong correction is highly likely.
๐ฏ TP: 0.3806
๐ก๏ธ SL: 0.7875
๐ RR: 1 : 5.2
A clean short setup: multi-TF overbought conditions + a strong bearish divergence โ high probability of reversal.
$PIEVERSE is still moving inside a bullish channel. Holding 0.4 CRYPTOCAP:PIEVERSE is still moving inside a bullish channel.
Holding 0.4 the lower support zone keeps momentum alive and could trigger a breakout toward the upper line of the channel in the coming sessions.
If buyers defend support, next legs of the move can aim toward the 0.60 โ 0.80 zone. If support breaks, momentum will cool down quickly.
Chart is still favoring the bulls, but the reaction at support will decide the next move.
Scalp SHORT โ PIEVERSE๐ป Scalp SHORT โ PIEVERSE
The 15-minute RSI is overbought while the overall market structure remains bearish โ a clear sign of weak bullish momentum and high probability of a pullback. Price also retested a major resistance zone and failed to break through, confirming continued seller dominance.
๐ฏ Trade Plan:
TP: 0.2596
SL: 0.4617
RR: 1 : 2.73
A disciplined short setup, leveraging overbought conditions + a failed retest to enter when the probability of a correction is high.
PIEVERSE Update๐จ๐ PIEVERSE Update
PIEVERSE has also formed a new resistance zone in red ๐ด.
This level is now acting as a strong ceiling,
and price must break out above this red resistance
to show any real bullish momentum again.
Until that breakout happens,
sellers remain in control and upside stays limited.
Scalp SHORT โ PIEVERSE ๐ป Scalp SHORT โ PIEVERSE
The 15m RSI is in extreme overbought conditions and has formed a strong bearish divergence, indicating momentum exhaustion. Price action shows an internal lower high with clear rejection wicks, confirming imminent corrective pressure. A short-term pullback is the high-probability scenario.
๐ฏ TP: 0.1796
๐ SL: 0.3707
๐ RR: 1 : 2.42















