$PIXEL UPDATE — BEARS STILL HAVE THE EDGE.
PIXEL is now trading around $0.00490, significantly below the original April setup.
That means the old $0.00670–$0.00702 short-entry zone and previous targets are no longer current.
Instead of chasing the move lower, traders should watch for a fresh rejection or a confirmed breakdown.
Here’s what I’m watching 👇
Current price: ~$0.00490
Bias: Bearish while lower highs remain intact
Key focus: Fresh resistance and rejection
Risk: After a major decline, a relief bounce can happen quickly
For the bears:
➡️ Wait for a bounce into fresh resistance.
➡️ Look for bearish rejection or an engulfing candle.
➡️ Confirm with selling volume.
➡️ Target newly formed support/liquidity zones.
➡️ Avoid blindly shorting an extended move.
For the bulls:
A strong reclaim of the latest lower-high structure could signal that sellers are losing control and trigger a relief rally.
And for traders looking for decentralized execution, STON.fi DEX remains worth keeping on the radar within the TON ecosystem, particularly when navigating active market conditions.
The April setup called for a short around $0.00670–$0.00684.
Now PIXEL is around $0.00490.
The real question: Is another lower high forming, or are buyers finally preparing a reversal?
Let price confirm the next move.
$PIXEL $STON #PIXEL #STONfi #DeFi #Crypto #TON #Trading
Not financial advice. DYOR.
PIXEL is now trading around $0.00490, significantly below the original April setup.
That means the old $0.00670–$0.00702 short-entry zone and previous targets are no longer current.
Instead of chasing the move lower, traders should watch for a fresh rejection or a confirmed breakdown.
Here’s what I’m watching 👇
Current price: ~$0.00490
Bias: Bearish while lower highs remain intact
Key focus: Fresh resistance and rejection
Risk: After a major decline, a relief bounce can happen quickly
For the bears:
➡️ Wait for a bounce into fresh resistance.
➡️ Look for bearish rejection or an engulfing candle.
➡️ Confirm with selling volume.
➡️ Target newly formed support/liquidity zones.
➡️ Avoid blindly shorting an extended move.
For the bulls:
A strong reclaim of the latest lower-high structure could signal that sellers are losing control and trigger a relief rally.
And for traders looking for decentralized execution, STON.fi DEX remains worth keeping on the radar within the TON ecosystem, particularly when navigating active market conditions.
The April setup called for a short around $0.00670–$0.00684.
Now PIXEL is around $0.00490.
The real question: Is another lower high forming, or are buyers finally preparing a reversal?
Let price confirm the next move.
$PIXEL $STON #PIXEL #STONfi #DeFi #Crypto #TON #Trading
Not financial advice. DYOR.