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$PIXEL USDT
$PIXEL USDT recently rallied from around 0.00458 to 0.00483, but the price has started pulling back from the recent high.
Trend: Short-term momentum is weakening after the recent rally.
Resistance: Sellers may appear near 0.00480–0.00483.Support: The price is testing the 0.00475–0.00476 area.Moving averages: Price is near the moving-average lines, suggesting indecision and a possible change in short-term momentum.
Downside risk: A confirmed break below 0.00475 could trigger another move lower.
📉 Possible SELL Setup
Entry zone: 0.00476–0.00479, only if bearish rejection is confirmed
Stop-loss: 0.00484
Target 1: 0.00472
Target 2: 0.00470
Target 3: 0.00465
Confirmation: A 15-minute candle closing below 0.00475, preferably with increasing selling volume, would strengthen the bearish scenario.
Invalidation: A sustained move above 0.00483 could weaken the downside setup.
⚠️ However, if buyers defend support and push the price above 0.00483, the bearish setup could fail.
🎯 My focus is on confirmation rather than chasing the move.
Trade carefully, manage your risk, and always wait for the chart to confirm the direction.
#PIXEL #CryptoTrading #TechnicalAnalysis #Altcoins