This surge in PIEVERSE looks shaky. I just checked the chart and saw three consecutive 15-minute bullish candles pushing the price up sharply—almost 15 points in just 45 minutes. But looking at the current momentum, it's clearly running out of steam.
Technically, a standard 15-minute double top pattern has formed, and the price is stuck at 0.52, with obvious resistance above. This kind of rapid spike followed by stagnation is often a reversal signal. Personally, I'm inclined to set up short positions at this level. Of course, trade at your own risk—this is for reference only.
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TopEscapeArtist
· 20h ago
It’s the same old trick again. How did I not spot that 15-minute double top? Maybe I need to wash my eyes.
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GasFeeCryer
· 20h ago
It's a double top. If it can't break through 0.52, you really need to be careful.
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GasWaster69
· 20h ago
Pulled up by 15 points and now it's stuck, a classic false breakout.
This surge in PIEVERSE looks shaky. I just checked the chart and saw three consecutive 15-minute bullish candles pushing the price up sharply—almost 15 points in just 45 minutes. But looking at the current momentum, it's clearly running out of steam.
Technically, a standard 15-minute double top pattern has formed, and the price is stuck at 0.52, with obvious resistance above. This kind of rapid spike followed by stagnation is often a reversal signal. Personally, I'm inclined to set up short positions at this level. Of course, trade at your own risk—this is for reference only.