Analysis of $PIXEL/USDT (H1)

Chart $PIXEL on the H1 timeframe shows the current price at 0.03132, up 6.35% in 1 hour, but with a significant long-term decline (-93.08% over 1 year). The price has recovered from the bottom of 0.02687 (04/16/2025) with high volume, currently testing resistance at 0.03149. The price is above MA(9) 0.0303 and MA(10) 0.0298, confirming a short-term uptrend. However, the volume has decreased slightly (81.9M), indicating that buying pressure is weakening, which may lead to accumulation or a pullback. The buy/sell ratio is nearly balanced (53.46% buy, 46.54% sell), indicating a neutral market. The nearest support is 0.02982, strong support at 0.02687; the next resistance is 0.03444 (previous peak).

Short-term trading setup

1 Buy on breakout:

◦ Entry: Breakout price 0.03149, closing H1 candle with increased volume.

◦ Take Profit (TP): TP1: 0.03300 (+5%), TP2: 0.03444 (+9.5%).

◦ Stop Loss (SL): 0.02982 (-5%).

◦ R:R: 1:2 (TP1).

2 Buy on pullback:

◦ Entry: Price drops to 0.02982-0.03000, confirmed by a bullish reversal candle.

◦ TP: TP1: 0.03149 (+5%), TP2: 0.03444 (+15%).

◦ SL: 0.02816 (-6%).

◦ R:R: 1:2.5 (TP2).

Capital management: Risk 1-2% of account, maximum leverage 3x. Split capital 50/50 if price pulls back deeply. Move SL to breakeven when TP1 is reached.

Note: $PIXEL is volatile due to low market capitalization, keep an eye on volume and gaming/metaverse news. If the overall market (BTC, ETH) drops significantly, exit positions early to reduce risk.