$PIXEL /USDT – Volatility Surge Triggers Short Setup! 🚨
Current Price: $0.04748 (+52.23%)
Market Recap:
$PIXEL exploded with a massive 50% rally but is now showing signs of exhaustion. Repeated rejections near $0.05250, marked by upper wicks, suggest buyers are losing steam.
Key Levels:
• Resistance: $0.05050 – $0.05250
• Support: $0.04350 – $0.04000
• 24H Range: $0.03022 – $0.05254
Short Trade Setup:
• Entry Zone: $0.04780 – $0.04950
• Take Profit Targets:
• TP1: $0.04350
• TP2: $0.04000
• TP3: $0.03780
• Stop Loss: Above $0.05180
Market Insight:
A surge in volume followed by lower highs and rapid pullbacks typically points to profit-taking zones and potential bull traps. Reversal wicks add to the bearish outlook.
Pro Tip:
Due to high volatility, use tight stop-loss strategies. Look for bearish engulfing patterns or RSI divergence as confirmation before entering the trade.
$PIXEL may have spiked—but smart traders are watching for the pullback.
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