PIVXUSDT Forming Falling Wedge

PIVXUSDT is displaying an interesting technical setup that traders should watch closely. The chart illustrates a breakout from a falling trendline, indicating that PIVX might be primed for a significant upward move. With trading volume holding steady and showing signs of increasing, the conditions look favorable for bullish momentum to continue, supporting an expected gain of 70% to 80%+ in the coming weeks.

PIVX is a privacy-focused cryptocurrency that has been in the market for several years, consistently working on innovative solutions for private and secure transactions. As crypto investors place more value on privacy and security in an increasingly regulated space, PIVX’s unique positioning within the privacy coin niche helps it attract renewed interest. This investor sentiment could further fuel the technical breakout we’re seeing now on the daily timeframe.

For swing traders and long-term holders alike, keeping an eye on key resistance levels and volume spikes will be crucial to confirming this upward move. A sustained close above the recent trendline breakout zone could unlock the potential for a larger rally, aligning with the target gain mentioned. Always manage your risk, as volatile moves can offer great returns but also demand disciplined strategy.

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