📡$PIXEL /USDT Trade Breakdown — A Potential Reversal in Progress?🔐👇
📈 Timeframes: 1H & 4H Charts
📊 Change: +1.2% from local lows
🔍 Chart Analysis & Technical Outlook
👉On the 1H chart, $PIXEL has shown a short-term recovery from the $0.04220 zone, reclaiming the 20 EMA support and stabilizing just below the 50 EMA. Despite attempts to break above the $0.04371 resistance (yellow line), candles are showing upper wicks — suggesting supply or hesitation near resistance. However, the RSI sits at 58.80, paired with the MA line at 58.00, indicating moderate bullish momentum building.
👉On the 4H chart, the structure hints at a higher low pattern formation. Price has reclaimed the $0.043 zone with strength, but remains under pressure from key dynamic resistances — particularly the 200 EMA at $0.04689 and 100 EMA at $0.04712. The RSI is gently rising at 49.14, signaling momentum has not overheated, giving room for upside.
📌 Trade Strategy Insight
💡 Bullish Bias:
If $PIXEL closes above $0.04371 on 1H candle, it could initiate a short-term move toward the $0.04533–$0.04680 zone.
4H RSI recovery from sub-30 levels to nearly 50 reflects growing interest from swing buyers.
Key support to watch: $0.04280 (previous demand reaction zone).
🔴 Bearish Consideration:
Failure to break above $0.04371 may result in sideways consolidation or short pullback to $0.0429.
MACD still lags behind and hasn’t crossed convincingly.
🎯 Entry Zone: $0.0432–$0.0435
🎯 Short-Term Target: $0.04533
📉 Stop-Loss: Below $0.0424
⏳ Trade Duration: 8–12 hours
🧠 Risk Level: Moderate
💬 PIXEL is showing early signs of strength but remains under key moving average resistances. Confirmation above $0.044 would open up a fresh mini-bull wave. Patience is key — breakout traders may wait for a full candle close above $0.0437 before entering.
🧭 “A strong setup doesn’t chase; it builds.”
⚠️ This is not financial advice.
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