Price surge analysis $PIXEL /USDT on $PIXEL /USDT increased sharply by 125% from 0.02332 to 0.05254 (16/04/2025 - 19/04/2025), before adjusting to 0.04669 (+50.18% in 24 hours). Volume peaked at 430M when the price surged but decreased to 3.38M, indicating increased selling pressure. The price is currently above MA(5) 0.038 and MA(10) 0.029, confirming a short-term uptrend. Near support: 0.04114; strong support: 0.03472; resistance: 0.05254.
The surge may be due to positive news related to the Pixels project (gaming/metaverse):
PIXEL is a token in the gaming/metaverse field. This sudden price spike may be related to positive news such as:
• Project update: Pixels (the gaming platform of PIXEL) has just released a major upgrade.$
• Market cash flow: The gaming/metaverse market may be heating up, with cash flow from institutional investors or whales flowing into tokens like PIXEL.
1 Short term (buy on pullback):
◦ Entry: 0.04114-0.04200 (support zone, confirmed bullish candle).
◦ Take Profit (TP): TP1: 0.04757 (+15%), TP2: 0.05254 (+25%).
◦ Stop Loss (SL): 0.03829 (-7%).
◦ R:R: 1:2 (TP1).
2 Long term (accumulation):
◦ Entry: Buy if the price drops to 0.03472-0.03800 (strong support zone).
◦ TP: 0.06000 (+70% from the support zone).
◦ SL: 0.02829 (-20%).
Risk management: Risk 1-2% of the account, maximum leverage 3x. Monitor gaming/metaverse news and volume to confirm trends. If the overall market (BTC, ETH) declines sharply, exit early to avoid risk. Further updates on the Pixels project are needed to assess long-term potential.