$PIXEL L /USDT The bearish pressure is increasing - support is being tested again!

PIXEL is forming a bearish pattern on the hourly chart after facing rejection from the $0.0446 area. The price is continuously retracing and is now testing the support level of $0.0406. A breakdown from here could trigger another bearish wave.

Trade Setup:

Short entry area: $0.0408 – $0.0410

Profit targets: $0.0385 / $0.0368

Stop loss: $0.0423

Market Outlook:

Market sentiment remains weak, and if the bulls fail to defend the current level, the decline may continue further. Watch price action near $0.0406 for confirmation.

Order: Follow the momentum, do not resist the trend - bearish games are under control now.

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