2026-01-10 08:26:04

PIEVERSE's recent moves are quite interesting. A surge of 30% in a single day some time ago, followed by a 20% drop in a single day over the past couple of days, looks pretty fierce. But from the trend, there's a good chance this is an oversold correction.

There are quite a few chips around 0.54, and bulls might consider trying a rebound here. The key is whether it can break above the 0.62-0.75 range—this is the previous resistance zone and also an important defensive level. If it can't hold, then we need to reassess the nature of this correction.

In short, this range requires close attention. The market is like that—no one can predict whether the next step will be chip reallocation or just a shakeout. The defensive level is crucial; if you're not comfortable, just stay on the sidelines.

PIEVERSE0,51%

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gas_guzzler

· 19h ago

0.54 this level is indeed interesting, but I'm more concerned about whether it can really break above 0.62. Is it a shakeout or a sell-off? You'll know once it breaks the support/resistance level.

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CommunityWorker

· 01-10 08:56

0.54 Bottoming out, how do I feel right now? Guess what.

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TradFiRefugee

· 01-10 08:54

Damn, it dropped again. This wave is really intense. I’ve got my eyes on 0.54, let’s see if it rebounds or not. Hmm, 0.62-0.75 is a critical zone. If it can’t break through, it’s time to cut losses, honestly. Is this a shakeout or a real drop? Who can say for sure, let’s wait and see the support levels. It’s the same pattern again—if it can’t hold, retail investors will lose everything. Something feels a bit off; why is it suddenly so aggressive? I bet it will bounce back from 0.54, or else I’ll be forced to exit completely.

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SlowLearnerWang

· 01-10 08:52

Wait, am I the last to find out again? I only saw it after it skyrocketed by 30%. It's now down 20%, and I'm still pondering.

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MissedAirdropBro

· 01-10 08:50

0.54 I still think we need to wait. This wave of shakeout is pretty intense. Who knows if it's a rebound or if it will continue to drop.

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BlockchainBard

· 01-10 08:31

0.54 there is indeed some interest, it depends on whether the bulls can hold up. Hey, if it really breaks 0.62, be careful. Is it a shakeout or a real drop? We'll see in the next couple of days. Only when it surpasses 0.75 is it considered a win; otherwise, it's just a false alarm. It's still the same old chip game; you still need to guard your defensive position. Whether this rebound can be caught is the key; otherwise, just pretend you didn't see it. If there's meat around 0.54, dare to eat, but the defensive position determines the rhythm moving forward.

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Ramen_Until_Rich

· 01-10 08:30

0.54 Can it really rebound? Feels like another trap. Wait, what if this support level breaks... The on-paper data looks good, but reality is harsh. However, the logic of a oversold rebound is still understandable. Let's wait for confirmation at 0.62; I don't want to get smashed again. The chip distribution is still a shakeout; who can say for sure. Standing aside has become a habit, haha. This wave looks a bit interesting, but I don't believe it.

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