$PIXEL USDT BEARISH BREAKDOWN SETUP
Technical Outlook:
PIXEL is showing a clear downside structure after a sharp breakdown from its recent support zone. Market structure has shifted into lower highs and lower lows, indicating strong bearish momentum. The absence of a meaningful bounce signals weak demand, while high leverage exposure increases the risk of forced exits pushing price further down. Sellers remain in control until a reversal pattern forms.
Short Entry:
Enter on a clean rejection from resistance after a pullback.
Take Profit Targets:
TP1: Recent demand zone
TP2: Continuation support level
TP3: Major breakdown extension area
Stop Loss:
SL above the rejection zone to stay protected against a sudden reversal.
Risk Management:
Trade with strict SL, reduce leverage in high volatility, scale out profits at targets, and avoid emotional entries during sharp moves.
