šŸš€ $PIXEL / USDT – Momentum On Fire!

Current Price: $0.05663

24H Change: +13.39%

24H High / Low: $0.05664 / $0.04983

24H Volume: Approximately $42 million

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šŸ“ˆ Market Structure

$PIXEL is exhibiting a strong uptrend on the 1-hour chart, characterized by higher highs and higher lows. A recent bullish continuation breakout candle, accompanied by a volume spike, suggests sustained buying interest. The previous resistance at $0.0550 has now turned into support, reinforcing the bullish momentum.

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šŸŽÆ Trade Setup

Entry Zone: $0.0555 – $0.0565

Take Profit Targets:

TP1: $0.0580

TP2: $0.0600

TP3: $0.0625

Stop Loss: $0.0535 (below recent support)

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āš ļø Pro Tip

Monitor for a potential retest around $0.0555, which could offer a safer entry point. Ensure volume remains elevated to confirm the strength of the breakout. Implement trailing stop-loss orders to protect profits as the price advances.

*Note: This analysis is based on current market data and is intended for informational purposes only. Always conduct your own research and consider your risk tolerance before making trading decisions.*

$PIXEL