$PIXEL is trading at $0.4725 right now. Its hanging out just above a key support level at $0.4452. Well, I figured out this support level using Fibonacci retracement, looking at the move from late Junes high down to July 6s low. So far, this support at $0.4452 has held up even though PIs been trending down. If $PIXEL breaks below $0.4452, it could drop sharper toward the next big support at $0.4001. On the other hand, if $PIXEL gains momentum, the next resistance to watch is $0.4974. PIs been rejected at this level a few times. If PI closes above $0.4974 on a daily chart, that could flip things bullish short-term and cancel out the bearish outlook. #Pi #macroeconomic Insights#CryptoMarket4T