Price: 0.1192 | EMA7: 0.12 | EMA25: 0.12 | RSI14: 44.36 | Resistance: 0.1303 | Support: 0.116 | Average Volume: 58763.37 | Volume Trend: Decreasing
Based on the 1-hour chart, PIVXUSDT appears to be consolidating below the EMA25 resistance. Here are my recommendations:
* Best Long entry price: 0.1175 (support level) with a target of 0.1225 (fibonnacci extension) and a stop-loss at 0.1165.
* Best Short entry price: 0.1215 (EMA25 resistance) with a target of 0.116 (support) and a stop-loss at 0.1235.
* Best spot buy price: 0.1175 (support level), as it's a good entry point to long PIVXUSDT.
Keep in mind that the decreasing volume trend and MACD indicators suggest bearish momentum, so it's essential to monitor the price action and adjust your entries accordingly.