Sike On The Move(@sikeonthemove21)'s insights

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--Bearish

$PIXEL — Short Update 📉
The $PIXEL short has started to move in our favor and the position is now sitting in profit after the downside reaction.
If you’re still in the trade, you can consider moving your stop-loss to entry to eliminate the risk, or take partial profits here to secure some gains while letting the rest of the position run.
The setup has already delivered a clean reaction from the entry zone, showing that the resistance area is being respected. Manage the position wisely and protect your profits. 💰
#Crypto  #Trading  #Binance  #Futures  #RiskManagement  📊
PIXELUSDT
Perp
0.008308
+3.05%

Sike On The Move

Bearish

$PIXEL – Short setup after locking profits from the previous moves 📉

Trading Plan Short $PIXEL
Entry: 0.0125 – 0.0133
SL: 0.0140

Take Profit Targets:
TP1: 0.0118
TP2: 0.0108
TP3: 0.0098

The recent push higher extended for a while, but momentum is starting to slow around this zone. Buyers managed to keep the rally alive earlier, though the follow-through now looks weaker and price action is becoming more choppy. Instead of a clean continuation higher, price is beginning to grind into resistance, which often signals exhaustion. Sellers appear to be gradually stepping back into the market, and if buying pressure continues to fade a pullback could follow.

Trade $PIXEL here 👇

#Crypto #Trading #Binance #Futures #RiskManagement 📊💰
{future}(PIXELUSDT)

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PIXEL+2.97%