#USChinaTensions *PIXEL/USDT*, here's a technical analysis and explanation of **entry**, **Stop Loss (SL)**, and **Take Profit (TP)** levels:
### **Market Overview**
- **Current Price:** $0.04850
- **24h Change:** +57.62%
- **24h High:** $0.05254
- **24h Low:** $0.03046
- **Volume:** High (1.24B PIXEL)
- **Trend:** Strong bullish breakout (steep upward candle, high volume)
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### **Technical Indicators**
- **Moving Average (MA60):** 0.04597 (Price is above MA – bullish sign)
- **MA(5):** 1,352,694 (volume trend)
- **MA(10):** 1,034,677 (volume trend)
- **Volume:** Spike confirms buyer interest
- **Past performance (1 Year):** -89.54% — Still down long term, despite recent bounce
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### **Profit/Loss Signal**
#### **Signal: SHORT-TERM BUY (scalp or swing)**
- Strong green candle and volume suggests a **momentum move**.
- Could be a pump—caution needed for long-term holding.
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### **Trade Setup**
#### **Entry (Buy Zone):**
- Anywhere between **$0.0470 – $0.0485** (current range)
#### **Stop Loss (SL):**
- Conservative: **$0.0455** (just below recent consolidation)
- Aggressive: **$0.0435** (deeper stop, allows more room)
#### **Take Profit (TP):**
- TP1: **$0.0500** (psychological resistance)
- TP2: **$0.0525** (24h high)
- TP3: **$0.0550+** (if momentum continues)
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### **Risk Management Tip:**
Use a **2:1 or 3:1 reward-to-risk ratio.**
For example:
- SL: $0.0455 (Risk = $0.003)
- TP: $0.0515 (Reward = $0.003), 1:1
- TP: $0.0545 (Reward = $0.006), 2:1 (ideal)
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### **Final Note**
This looks like a short-term trading opportunity due to high momentum and volume. However, given the long-term downtrend (-89% in 1 year), treat it as a **scalp or short swing trade**, not a long hold — unless fundamentals improve.#BNBChainMeme #Write2Earn $BTC