$PIEVERSE has been quite volatile in this recent market movement. After four consecutive days of decline, the price has nearly halved from its peak. Currently, on the daily chart, a clear double bottom has been outlined—once the second bottom is confirmed, a rebound signal begins to emerge.



From a technical perspective, this double bottom pattern usually indicates that a phase of bottoming is in progress. Especially after such a short-term plunge, the current price level has already hit a key support zone in the recent period. If it can hold the neckline later on, coupled with increased trading volume, the probability of a continued upward rebound will significantly improve.

Regarding specific trading actions, you might want to watch for opportunities to buy the dip. However, there are a few essential principles to follow: position sizes must be controlled, and stop-loss orders should be set in advance. Since the entire market is still in a volatile cycle, it’s best to observe the subsequent volume performance and market sentiment before making any judgments.
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ShibaOnTheRunvip
· 17h ago
Can a double bottom rebound? I think I'll wait until the volume picks up before talking. It's a bit risky to enter now.
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just_vibin_onchainvip
· 17h ago
Has the double bottom been confirmed? That's what they say, but I still want to see the trading volume to confirm. Just looking at the chart feels a bit uncertain.
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down_only_larryvip
· 17h ago
Double bottom rebound sounds good, but I feel like this kind of rhetoric is always the same every time.
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GasGuruvip
· 17h ago
Double bottom confirmed? But I still feel uncertain. Such rebound signals are often just deceptive tricks. Wait, can the neckline really hold? It seems like the trading volume hasn't kept up at all. Daring to buy low after a 50% drop, truly a brave warrior. As for me, a coward, I should just keep watching. If it drops again this time, the double bottom will turn into a double top, haha. Trading volume speaks for itself; everything else is just talk.
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fomo_fightervip
· 17h ago
Double bottom rebound, huh? Sounds pretty reliable... Just not sure if it can really hold the neckline.
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DefiVeteranvip
· 17h ago
The double bottom rebound theory I've heard many times, but the key still depends on whether the volume gives it face or not. Those who sell in a panic are all because of greed; protecting stop-losses is the most important. Whether this rebound can break through the neckline is really hard to say; the market is still tossing around. You can buy the dip, but don't go all in. I’ve learned my lesson this time.
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CrossChainMessengervip
· 17h ago
Double bottom, sounds pretty good, but I feel like every time a technical pattern appears, it gets washed out. Is it real or not?
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