PIUSDT Breakdown Incoming? Bearish Patterns Are Stacking Up!

7 mar

Yello, Paradisers! Is PIUSDT about to break down hard? The charts aren’t looking great, and the confluence of bearish signals is something we can’t ignore.

💎PIUSDT has formed a bear flag on the higher timeframe, a classic continuation pattern that suggests further downside. This alone is already a bearish signal, but there’s more.

💎On the lower timeframe, we can see a head & shoulders pattern forming, along with bearish divergence. These factors together significantly increase the probability of a move to the downside.

💎In the case of PIUSDT breakdown and closes candle below the support zone, this will confirm the bearish setup and likely trigger selling pressure. A breakdown at this level would validate both the bear flag and the head & shoulders pattern.

💎If the price bounces from here, the bearish bias still remains, but there’s also a chance that the market is setting a trap within this range. This makes it a high-risk zone, so it’s better to avoid trading here until a clearer move develops.

💎However, If the price breaks and closes candle above the resistance zone, the bearish outlook will be completely invalidated. In that case, it’s smarter to wait for a more defined price action before making any moves.

🎖Patience is key, Paradisers. The market loves to shake out inexperienced traders before the real move happens. Stay disciplined, focus on high-probability setups, and trade like a pro. Only those who truly understand market cycles will capitalize in the end!

MyCryptoParadise
iFeel the success 🌴

9 mar

Trade chiuso: obiettivo raggiunto

💎Just as predicted, #PIUSDT down a smooth -28.77%!