Recently noticed a phenomenon: a certain AI monitoring tool shows that PIERVERSE has a signal of major capital withdrawal, while the price has already surged to a high level. From a technical perspective, several warning signals are worth paying attention to.
First, let's look at the data:
Abnormal capital movement - large holding addresses show significant signs of reduction. In this case, it usually indicates that early chips are being distributed at high positions. When smart money begins to withdraw, the risk of retail investors picking up the pieces arises.
The RSI has soared to 76 - this value has entered a seriously overbought range. Historical experience tells us that when the RSI breaks 70 and continues to run high, the probability of a pullback significantly increases. It's like a spring being pressed down; a rebound is just a matter of time.
The price is at a recent peak - currently around $0.418, which is right above the previous high volume trading area. The risk-reward ratio for shorting at this position is actually quite favorable.
If you want to operate: Consider placing short positions in the range of $0.418-$0.42, with a stop loss suggested at $0.51 (allowing for some buffer space). The first target is at the $0.4 round number, and after breaking that, we can look forward to support around $0.375.
Of course, the market is always full of uncertainty. The combination of large capital outflows + a heated technical perspective is indeed worth paying close attention to, but remember that risk control should be the top priority.
What does everyone think about the recent trend of PIERVERSE? Let's discuss your opinions in the comments!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
GateUser-627a50e3
· 12-01 01:53
Paying Attention Carefully🔍
View OriginalReply0
BlockchainBard
· 12-01 01:00
With such obvious signals of a market maker rug pull, is anyone still chasing the price? I dare not catch a falling knife.
View OriginalReply0
Lonely_Validator
· 12-01 01:00
I believe in the market maker withdrawal signal, but is it too early to panic at RSI 76? Let's wait and see.
View OriginalReply0
AirdropHunter420
· 12-01 00:56
Hmm, that's not right. The RSI is soaring so high, we really have to be careful.
---
The market maker's Rug Pull signal is so obvious, yet there are still people catching a falling knife.
---
0.418 really looks like a trap.
---
I think I'll just wait and see, let’s talk after it crashes.
---
Risk control is the priority; losing money really hurts.
---
Smart money has pulled out while retail investors are still charging ahead, classic routine.
---
This time I choose to lay flat and do nothing.
---
Overbought must be smashed; historical experience tells us so.
View OriginalReply0
HalfBuddhaMoney
· 12-01 00:55
Smart money is already running away, is there anyone still buying? This wave is probably going to Be Played for Suckers again.
#数字货币市场回升 This pump needs to be monitored.
Recently noticed a phenomenon: a certain AI monitoring tool shows that PIERVERSE has a signal of major capital withdrawal, while the price has already surged to a high level. From a technical perspective, several warning signals are worth paying attention to.
First, let's look at the data:
Abnormal capital movement - large holding addresses show significant signs of reduction. In this case, it usually indicates that early chips are being distributed at high positions. When smart money begins to withdraw, the risk of retail investors picking up the pieces arises.
The RSI has soared to 76 - this value has entered a seriously overbought range. Historical experience tells us that when the RSI breaks 70 and continues to run high, the probability of a pullback significantly increases. It's like a spring being pressed down; a rebound is just a matter of time.
The price is at a recent peak - currently around $0.418, which is right above the previous high volume trading area. The risk-reward ratio for shorting at this position is actually quite favorable.
If you want to operate:
Consider placing short positions in the range of $0.418-$0.42, with a stop loss suggested at $0.51 (allowing for some buffer space). The first target is at the $0.4 round number, and after breaking that, we can look forward to support around $0.375.
Of course, the market is always full of uncertainty. The combination of large capital outflows + a heated technical perspective is indeed worth paying close attention to, but remember that risk control should be the top priority.
What does everyone think about the recent trend of PIERVERSE? Let's discuss your opinions in the comments!