Looking at PIEVERSE's hourly chart performance, this segment of the trend is quite classic. After a long period of consolidation, volume is gradually released, moving averages are converging and then expanding upwards, which is the prelude to a rally. Subsequently, a surge in volume pushes the price up, breaking through multiple moving average resistances, with the highest price reaching 0.933. The bullish enthusiasm has been fully ignited.
The current pullback is not a sign of a trend reversal, but rather a normal correction after a rally. The hourly chart is still above the short- and medium-term moving averages, with the yellow and white lines maintaining a bullish alignment. During the correction, trading volume clearly shrinks, indicating that it's not large funds exiting, but short-term traders taking profits. As long as the key moving average bands are not broken, the overall structure remains relatively strong.
In this round of Bitcoin market, the coins with strong technicals are brewing the next opportunity.
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TaxEvader
· 01-06 03:14
This round of Pieverse is indeed something. That spike to 0.933 made it jump right up. Now the adjustment is just the rhythm of absorbing chips. Don't be scared out.
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APY_Chaser
· 01-05 21:37
0.933 That moment was truly exciting. It feels like this wave of consolidation and buildup has some potential. I've seen the strategy of moving averages converging upward quite a few times, but it still works.
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GasFeeVictim
· 01-05 11:00
The yellow and white lines are arranged so beautifully, the bottom-fishing heroes are probably itching to make a move again...
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MissedAirdropAgain
· 01-03 03:54
Wow, I was excited to see that 0.933 surge. Now that it's adjusting, I'm not worried at all. A correction with shrinking volume is actually healthy.
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LayerZeroEnjoyer
· 01-03 03:52
0.933 Nabo is indeed beautiful. Now, with the pullback, just waiting to buy the dip.
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HashBandit
· 01-03 03:47
ngl the pullback here screams healthy consolidation, not capitulation. back in my mining days we called this the "profit-taking pause" before the real move... gas fees on this thing tho, wonder what the actual throughput looks like when volume spikes like that 0.933 hit
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BearMarketBuilder
· 01-03 03:37
This wave of adjustment is just a shakeout, don't panic. If the 0.933 level is broken, it will get interesting.
Looking at PIEVERSE's hourly chart performance, this segment of the trend is quite classic. After a long period of consolidation, volume is gradually released, moving averages are converging and then expanding upwards, which is the prelude to a rally. Subsequently, a surge in volume pushes the price up, breaking through multiple moving average resistances, with the highest price reaching 0.933. The bullish enthusiasm has been fully ignited.
The current pullback is not a sign of a trend reversal, but rather a normal correction after a rally. The hourly chart is still above the short- and medium-term moving averages, with the yellow and white lines maintaining a bullish alignment. During the correction, trading volume clearly shrinks, indicating that it's not large funds exiting, but short-term traders taking profits. As long as the key moving average bands are not broken, the overall structure remains relatively strong.
In this round of Bitcoin market, the coins with strong technicals are brewing the next opportunity.