$PIXEL
⭐️Hope everyone gains a lot of value from this article 👍
Technical Analysis:
- Support and Resistance:
- Support: The nearest support level is around $0.143, where the price has paused and shown signs of recovery.
- Resistance: The next resistance level is expected around $0.174, where the price may face selling pressure.
Trading Strategy:
- Buy Zone (Entry):
- Consider buying when the price adjusts to the support area of $0.143 - $0.150, where it may provide a safer entry point.
- Sell Zone (Entry for Short or Take Profit):
- If the price approaches the resistance area of $0.174 and shows signs of reversal, consider selling or taking profit.
- Take Profit (TP):
- TP1:** $0.165 - A level close to resistance, where the price may face selling pressure.
- TP2:** $0.174 - Expected resistance level.
- Stop Loss (SL):
- Set SL below the support level of $0.140 to minimize risk if the price continues to decline.
Important Note:
- The cryptocurrency market is highly volatile; therefore, risk management and adhering to trading principles are crucial.
- Always stay updated on market information and monitor technical indicators to adjust strategies in a timely manner.
- The information provided is for reference only and should not be considered investment advice. Please do your own research and carefully consider before making trading decisions.#PIXEL📈 #BTC☀ $BTC