$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.
#TariffPause #BinanceHODLerSIGN #EthereumFuture #BinanceAlphaAlert؟ #BTCvsMarkets