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【$PIEVERSE Signal】Bullish + Strong Consolidation After Volume Breakout
$PIEVERSE After a volume breakout above the previous high of 0.4337 on the 4-hour chart, the price has been consolidating strongly above the breakout level, with no deep retracement, indicating robust buying absorption.
🎯 Direction: Long
🎯 Entry: 0.4710 - 0.4725
🛑 Stop Loss: 0.4320 ( Rigid stop loss, below the previous high of the breakout )
🚀 Target 1: 0.5200
🚀 Target 2: 0.5600
Hardcore Logic: The 4-hour candlestick shows that after sufficient turnover in the 0.413-0.4337 range, a massive bullish candle (volume of 7.19 million) strongly broke through. After the breakout, the price consolidated narrowly around 0.472, with order book depth showing bid accumulation, sparse asks, and no selling pressure. Open interest (OI) increased significantly to 18 million, combined with a positive funding rate, indicating that the main bullish players are entering to push the market, not short squeeze. The current price is tightly hugging just above the breakout level, representing a healthy reset and a bullish structure with a probability advantage.
Trade 👇 $PIEVERSE
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#Gate广场创作者新春激励 #Is the current market bottoming out or just observing?