Here’s a short technical analysis and trade signal for $PIXEL
/USDT:💯🎯🚀
Technical Analysis:
Current Price: $0.1598 (4.10% up)
Trend: Bullish momentum is showing, with price rising 4.10% in the last 24 hours.
Support Level: $0.1501 (recent 24h low)
Resistance Level: $0.1628 (recent 24h high)
Volume: Strong buying interest with 44.98M PIXEL traded in the last 24h.
Trade Signal:
Buy Entry: Around $0.1590 (current market price)
Target 1: $0.1625 – A quick resistance level based on recent price action.
Target 2: $0.1650 – Further upward move, reaching past resistance zone.
Target 3: $0.1700 – A higher target if bullish momentum continues.
Momentum:
Bullish: The uptrend is intact with a solid 4.10% gain, and momentum should carry price toward the first target levels, depending on volume and market sentiment.
Recommendation: Consider buying near current price levels and scaling out as the price nears targets.