$PIXEL fell 8% today. For me, this is an entry opportunity.
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Open the chart now: $0.00774, minimum touched $0.00752 with significant volume — 720 million PIXEL traded in the last 24 hours. A lot of people see this red candle and close the tab. I prefer to see what is happening underneath.
Margin data shows that the long ratio has dropped from almost 24 to the range of 14. This is not the market abandoning the project — it’s leverage being unwound, short-term traders exiting their positions. This type of movement clears out the weak hands and opens up space for those with conviction to enter better positioned.