$PIXEL Is the peak printing❓❓
A sharp wick indicates an incoming reversal.....
It pierced the level of $0.03436 before forming a sharp rejection wick on the four-hour chart, which is a classic indicator of momentum exhaustion. With selling strength rising (60.45% demand pressure), a pullback seems likely.
Short trading settings
• Entry: $0.03260 - $0.03280
• Take profit point 1: $0.03180
• Take profit point 2: $0.03090
• Take profit point 3: $0.02980
• Stop loss: $0.03450
Keep the risk level tight. Monitor the downtrend step by step.
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