PIEVERSE surged 11% in 24 hours to trade near $1.18 after defending the $1 level and posting five successive higher closes. Trading volume rose 28% to $3.9 million, while short liquidations reached $19,000, compared with $4,000 in long liquidations. Open interest increased 17% to $44 million and derivatives volume climbed 183% to $33 million, indicating greater participation. Selling pressure in the spot market remains significant, with the spot delta at minus $20,000 and net exchange inflows reaching $66,000. The RSI and MACD point to a recovery, but PIEVERSE must reclaim $1.20 to confirm a lasting reversal, with $1.33 as a potential target and $1.02 as a downside level.
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