$PIXEL
PIXEL / USDT – Is the Rally Overdone? A Short Trade Could Be Setting Up!
Current Price: $0.03713
After a sharp rise, $PIXEL is now struggling around the $0.03850 level. This could be a sign that the momentum is fading and a short opportunity is on the horizon.
Short Trade Plan:
Entry Zone: Between $0.03740 and $0.03780
Target 1: $0.03640
Target 2: $0.03530
Target 3: $0.03420
Stop-Loss: Just above $0.03890
Market View:
The strong upward move has hit resistance, and smaller timeframes show bearish signals. If momentum drops, we could see a quick move down as long positions get squeezed out.
Pro Tip:
Watch for a small bounce to the $0.0375–$0.0380 range before entering the short. Use tight risk controls, as the price could move quickly either way.
Stay alert—this setup could lead to a sharp drop if selling pressure increases.