$PIXEL – Technical Breakdown & Trade Setup
Current Price: $0.03900
24H High: $0.05232
24H Low: $0.03451
Volume (24H): 12.05B
Trend Overview:
- On the 4H chart, $PIXEL recently rallied from $0.02326 to $0.05232 before correcting to the current $0.03900 zone.
- The trend is still bullish overall, but the current move is a pullback after an extended uptrend.
- On the 15min chart, the price is stabilizing around support after a sharp correction from the high, with early signs of basing out.
- Volume: Strong accumulation seen on the way up; recent dip shows declining sell volume, which may signal selling exhaustion.
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Possible Trade Setup:
Entry Zone:
- Aggressive: $0.0385 – $0.0390 (current zone with RSI support)
- Conservative: Wait for reclaim of $0.0411 for confirmation of bullish reversal.
Targets:
- TP1: $0.04450 (near 99MA and mid-range resistance)
- TP2: $0.04800
- TP3 (Full Recovery): $0.05230
Stop-Loss:
- Below $0.03750 to protect against further downside.
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Conclusion:
PIXEL is in a healthy correction phase after a strong rally. With RSI deeply oversold on the lower timeframes and price stabilizing, a bounce play is in sight if $0.0385 support holds. For safer entries, wait for confirmation above $0.0411.
Watch for a volume spike or bullish candle close to signal re-entry strength.
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