PIEVERSE has recently been the subject of controversy, with many investors leaning towards a bearish outlook. However, from a technical perspective, the situation may not be as pessimistic.

This month's rally has already reached a 90% rebound height, and the one-hour timeframe is currently in a rebound, with signs of a close on the four-hour chart as well. The key point is that this correction has not shown the waterfall-style sell-off seen before, indicating that selling pressure is gradually easing.

From a pattern perspective, breaking new highs seems just one step away. Currently, it is only in a slight retracement and consolidation phase. If you want to participate, you might consider small positions to build a long position. The main resistance is around 0.90; once this level is broken, there is a chance to reach new highs.

How the market will develop next still depends on the reaction at this resistance level.