That drop of $PIXEL is not an accident, and anyone buying this falling knife is heading straight to the slaughterhouse. The price has just pierced a key support with brutal sales volume, and that small bounce you see now is nothing more than a trap for desperate bulls before looking for deeper lows. 📉

Seeing the disaster on the chart, my plan is to look for a short entry near 0.00795 to take advantage of the continuation of the collapse. If this turns around and recovers 0.00840, I prefer to close the position and take the Stop Loss because the sentiment would change. Meanwhile, I remain seated waiting for it to hit my Take Profit in the zone of 0.00720, where there is really liquidity. Don't be fooled by mirages, the trend rules, and this smells like blood. 🐻

PIXELUSDT

Perp

0.00784

-1.50%