PIXEL is showing strong rejection at the range high, indicating sellers are actively defending the supply zone. We are looking at a potential short opportunity. 📉
Entry points are set at 0.0128 and 0.0132 stablecoin.
A recent strong impulse move encountered heavy resistance and failed to gain acceptance above the 0.0135 stablecoin level. This suggests a potential shift in market sentiment.
Should $PIXEL trade below 0.0130 stablecoin, the market structure appears corrective, with significant liquidity identified near the 0.0111 stablecoin