$PIXEL has experienced a 4.12% decline in the last 24 hours.
Currently, the price is testing the lower Bollinger Band at 0.05468, which suggests potential support.
If it breaks below this level, it could indicate further weakness.
Volatility appears to be contracting, pointing to a potential upcoming price breakout.
Traders should consider placing a stop-loss around 0.05280 for risk management.
Given the current setup, it may be prudent to wait for confirmation before deciding to buy or sell.
Setting alerts around the support and upper resistance levels is recommended.
