PIEVERSE's recent decline has indeed been fierce—dropping directly from 0.6908 to 0.4340, a decline of over 37%. The small rebound seen now is essentially a "overly sold off and needs technical correction" type of move.
From a capital perspective, what's interesting here is that large investors' long positions have quietly started increasing around 0.47, and signs of active buying are becoming more apparent. This clearly indicates expectations of a rebound. This pattern of "quick decline followed by volume contraction and stabilization" has always been a favorite tactic of market makers for swing trading—accumulating at low levels and distributing at high levels.
The small bullish candles around 0.51 with increasing volume suggest that funds are building positions. The low point at 0.4340 is basically the main force's cost line; they won't let the price fall below easily, or they would suffer losses themselves.
If you want to participate in this rebound, considering an entry around 0.50-0.51 is reasonable, with a stop-loss set below 0.47 for safety. Oversold coins tend to rebound strongly rather than gently. Once the price successfully breaks through the small resistance at 0.55, there's a full possibility of rushing towards 0.6 or even higher. However, remember that such rebound markets are most prone to "trap and then sell-off" scenarios—once stop-losses are triggered, exiting decisively is the best move.
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ChainDoctor
· 5h ago
I've seen this pump-and-dump tactic too many times. I got caught last time, so I'll wait and see this time.
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BuyTheTop
· 5h ago
Ha, it's the same old trick again. I've seen too many scenes of big players quietly accumulating at the bottom.
The probability of a trap is indeed higher. I'll just stay on the sidelines.
Once the 0.47 line is broken, it will be really troublesome.
A rebound to 0.6? Just think about it, don't take it too seriously.
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SigmaValidator
· 5h ago
The trap of诱多 and killing the rally, Pieverse is playing it slick, better to stay on the sidelines.
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MrDecoder
· 5h ago
A 37% drop directly caught everyone off guard; this pace is indeed fierce. However, big players are quietly accumulating at 0.47, it seems the market makers are playing their old tricks again.
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The 0.51 level is quite interesting; trading volume is gradually increasing, indicating that funds are indeed building positions. Just worried it might be another trap to lure in buyers.
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The strength of a rebound after a sharp decline is usually not gentle, but the key is whether it can hold above 0.51. Breaking through 0.55 is what really matters.
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The main force's cost line is at 0.4340; they won't let the price drop further, this logic still holds.
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Stop-loss below 0.47; this setup is quite solid. Now it's just a matter of whether the trap to lure in buyers or the decline to shake out holders comes first.
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Every rebound is said to be "different this time," but it often turns out to be the same old trick, getting a bit tiresome.
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There is an expectation for a rebound, but I've seen this coin's pattern many times, so I'll wait and see.
PIEVERSE's recent decline has indeed been fierce—dropping directly from 0.6908 to 0.4340, a decline of over 37%. The small rebound seen now is essentially a "overly sold off and needs technical correction" type of move.
From a capital perspective, what's interesting here is that large investors' long positions have quietly started increasing around 0.47, and signs of active buying are becoming more apparent. This clearly indicates expectations of a rebound. This pattern of "quick decline followed by volume contraction and stabilization" has always been a favorite tactic of market makers for swing trading—accumulating at low levels and distributing at high levels.
The small bullish candles around 0.51 with increasing volume suggest that funds are building positions. The low point at 0.4340 is basically the main force's cost line; they won't let the price fall below easily, or they would suffer losses themselves.
If you want to participate in this rebound, considering an entry around 0.50-0.51 is reasonable, with a stop-loss set below 0.47 for safety. Oversold coins tend to rebound strongly rather than gently. Once the price successfully breaks through the small resistance at 0.55, there's a full possibility of rushing towards 0.6 or even higher. However, remember that such rebound markets are most prone to "trap and then sell-off" scenarios—once stop-losses are triggered, exiting decisively is the best move.