From the image, it appears that the timeframe used is 4 hours (4H) for the PIXEL/USDT coin.
Technical Analysis:
Current Price: 0.00461 USDT.
The overall trend is still bearish since the peak at 0.00587.
There is strong support between 0.00430 – 0.00435, and the price rebounded from it.
The RSI indicator is close to 59, indicating improving momentum, but it has not yet reached the overbought zone.
If the price manages to hold above 0.00460, the rebound may continue.
Key Levels:
🟢 Entry: 0.00455 – 0.00465
🎯 Profit Targets:
TP1: 0.00490
TP2: 0.00520
TP3: 0.00555
🛑 Stop Loss:
0.00425
Outlook:
If the price breaks above 0.00485 with a clear close on the 4-hour timeframe and an increase in trading volume, we may see a rise toward 0.00520 – 0.00555. However, if it breaks below 0.00425, the likelihood of returning to test lower support levels increases.
Post ready to publish on Binance Square:
🚀 Watch Opportunity on #PIXEL/USDT
📍 Entry Zone: 0.00455 – 0.00465 🎯 Targets: ✅ 0.00490 ✅ 0.00520 ✅ 0.00555
🛑 Stop Loss: 0.00425
The coin shows rebound signals from support, and breaking 0.00485 may open the way for a new bullish wave. Don’t forget capital management and not risking more than you can afford.
> Note: This is a technical analysis based on the image only, not investment advice.
$PIXEL #Ahmed_BTTC #BinanceSquareTalks #SpotTrading.