$PIEVERSE The 4H chart currently reports 0.8238, with the price repeatedly testing below the rising point of 0.8241, showing signs of fatigue 😐. Although still holding above the dynamic trailing stop line at 0.7312, it has retraced over 11% from the previous high of 0.9330.
While the MACD remains positive, the momentum bars have significantly contracted, indicating weakening upward momentum. The resistance at 0.9330 (previous high) is close above, and the key support below is the trend line at 0.7312.
Currently in the **trend stagnation** phase within a bullish trend, a strong candlestick is urgently needed to confirm the direction; otherwise, it may enter a sideways consolidation. Breaking through the previous high would accelerate the upward move, while falling below the trend line warrants caution for a reversal.
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$PIEVERSE The 4H chart currently reports 0.8238, with the price repeatedly testing below the rising point of 0.8241, showing signs of fatigue 😐. Although still holding above the dynamic trailing stop line at 0.7312, it has retraced over 11% from the previous high of 0.9330.
While the MACD remains positive, the momentum bars have significantly contracted, indicating weakening upward momentum. The resistance at 0.9330 (previous high) is close above, and the key support below is the trend line at 0.7312.
Currently in the **trend stagnation** phase within a bullish trend, a strong candlestick is urgently needed to confirm the direction; otherwise, it may enter a sideways consolidation. Breaking through the previous high would accelerate the upward move, while falling below the trend line warrants caution for a reversal.