$PIXEL /USDT — BEARISH PRESSURE INTENSIFIES, NEXT SUPPORT UNDER THREAT
$PIXEL is facing strong selling momentum, down 14%, and currently trading below MA(7), MA(25), and MA(99). Price compression near $0.0115–$0.0117 shows short-term support, but negative MACD alignment indicates sellers retain control. If the $0.0113–$0.0114 support fails, PIXEL could extend its decline toward $0.0108–$0.0105, with bearish momentum likely to accelerate.
📊 Trade Setup
Entry Zone: $0.0116 – $0.0118 (for short positions)
Take Profit Targets:
TP1: $0.0113
TP2: $0.0110
TP3: $0.0108
Stop Loss: $0.0121
📈 Short Market Outlook
Trend: Clear short-term bearish trend with lower lows forming.
Momentum: MACD nearly flat but biased slightly negative; selling pressure dominates.
Key Resistance: $0.0117 → $0.0120
Key Support: $0.0113 → $0.0108
As long as $0.0117–$0.0120 resistance holds, PIXEL remains vulnerable to further downside. A confirmed break below $0.0113 could trigger accelerated selling toward $0.0108 and below, maintaining high volatility.
#PIXEL #PIXELUSDT #CryptoTrading #GamingTokens #TechnicalAnalysis 📉🔥