$PIEVERSE is facing strong selling pressure on the 15m chart after failing to hold the 0.8132 area. The sharp rejection from 0.8263 created a clear lower-high structure, followed by a breakdown toward 0.7869. The small bounce now looks weak, so 0.7990–0.8030 is the key resistance zone to watch.
I’m looking for a failed recovery into that area before considering a short. If sellers remain active, price could retest 0.7869 and potentially extend lower. A sustained reclaim above 0.8030 would weaken the setup.
Trade Setup:
Entry: 0.7980–0.8020
Stop Loss: 0.8065
Target 1: 0.7920
Target 2: 0.7869
Target 3: 0.7800
I’ll wait for rejection confirmation before entering.