$VOXEL Momentum Fading Fast: Breakdown Incoming?
$VOXEL spiked to $0.0597 but quickly lost steam. The 1H chart now shows a steady decline with lower highs and bearish candles forming. With weakening buyer strength and rejection at the top, this looks like a setup for a deeper drop.
🔻 Short Trade Setup – Bearish Play
• Entry Zone: $0.0558 – $0.0565
• Stop Loss: Above $0.0575
• TP1: $0.0540
• TP2: $0.0525
• TP3: $0.0508 (extended target)
📉 Insight:
Unless bulls reclaim $0.057 quickly, bears may continue to pressure price down. Watch for increased selling volume to confirm the breakdown.