Looking at the recent trend of PIEVERSE, the technicals are quite interesting. The 15-minute RSI is still decent, at around 66, which is still manageable, but on the 1-hour chart, caution is needed — RSI has already surged to 73.6, firmly in the overbought zone. The 4-hour chart is even more concerning, with RSI at 70.7, not looking much better.

What concerns me most is the MACD performance. Although the histogram is still positive, the momentum has shrunk by 46%. This is a classic case of divergence between price and volume, indicating that the upward push is clearly weakening.

I’ve summarized the key levels:

The critical point is at 0.58, where bulls and bears are fighting, and a reversal could easily occur. Looking upward, the first resistance is at 0.595, followed by 0.615. Downward, the support levels are at 0.565 and 0.545.

My trading approach is as follows — if the price breaks below 0.595, it signals a bullish trend, targeting 0.615, with a stop-loss at 0.585. Conversely, if 0.565 is broken downward, it turns bearish, with a target towards 0.545 and a stop-loss at 0.575. I plan to stay on the sidelines between 0.565 and 0.595.

Currently, the price is hovering around 0.58. The 1-hour chart shows overbought conditions combined with volume-price divergence. Instead of making random moves in this ambiguous zone, it’s better to give the market some time and wait for a clear breakout or breakdown signal before acting.