Sure! Here’s what I’m seeing on $PIXEL #PIXELUSDT the 1h frame for you 👀
- the price is expected to DECREASE from the current level in the short term, so my bias is to short sell
- the current price is 0.00826, just below the main resistance at 0.00827 and 0.00832
- the first target decrease is 0.00801 (next support), followed by 0.00783 and 0.00752 if the decline continues
- the ideal entry point for short selling is any clear rejection or bearish engulfing pattern around 0.00827–0.00832, with confirmation from a lower time frame reversal or strong rejection by candlewick
- take profit level: first at 0.00801, then take some profit at 0.00783, extending to 0.00752
- place a stop loss at the most recent high (around 0.00832) to avoid spikes due to manipulation
- if the closing price is above 0.00832 and holds, the trend will shift to bullish, and I expect it to push up to 0.00850 and possibly 0.00919
- no buy setup unless we see a recovery and hold firmly above 0.00832 with a bullish order flow
