VOXEL surged sharply, reaching as high as 0.0955 before facing rejection near the 0.1000 supply zone. After such a parabolic move, price is now consolidating around 0.0834, showing signs of a potential retracement or short-term cooldown.
Market Structure:
VOXEL flipped bullish after clearing 0.0642, confirming a strong markup phase. However, the rejection from 0.0955 highlights that sellers are active at higher levels. For now, structure remains bullish, but momentum is slowing and market is at risk of deeper pullbacks.
Key Levels:
• Support: 0.0750
• Major support: 0.0642
• Resistance: 0.0955
• Next resistance: 0.1000 – 0.1050 zone
Bearish Outlook:
Given the sharp rejection and extended rally, VOXEL is vulnerable to further downside if 0.0750 fails. A break below could drag price back toward 0.0642. Bulls need to reclaim 0.0900 with strong volume to regain control and push toward 0.1000+.
Stop-Loss Strategy:
• Conservative SL: 0.0750
• Moderate SL: 0.0700
• Aggressive SL: 0.0642
Current bias is bearish short-term, as sellers dominate until VOXEL reclaims strength above 0.0900.
