$PIXEL
## PIXEL/USDT chart analysis (time period: 1 minute)
**Support points:**
* **0.5861:** A major support level from which the price has been tested and bounced several times.
* **0.5833:** A minor support level that may provide some support to the price if it breaks the 0.5861 level.
**Resistance points:**
* **0.5904:** A major resistance level that has been tested and rejected by the price several times.
* **0.5941:** A secondary resistance level that may hinder the price’s advance.
**Price forecast:**
* **Short term:** The price is expected to move in a range between 0.5861 and 0.5904.
* **If the price breaks 0.5904:** It may rise to 0.5941 or higher.
* **If the price breaks the 0.5861 level:** It may drop to 0.5833 or lower.
**comments:**
* **Relative Strength Index (RSI):** Indicates that the price is in the overbought zone, which may indicate a possible pullback.
* **MACD:** Indicates that the current price trend is up.
**Warnings:**
* **Technical analysis is not 100% accurate.**
* **You should always consider other factors such as news and current events before making any investment decisions.**
**summary:**
* **Support points:** 0.5861, 0.5833
* **Resistance points:** 0.5904, 0.5941
* **Price Forecast:** Range between 0.5861 and 0.5904 with potential for higher or lower breakouts.
* **Notes:** RSI is in overbought area, MACD indicates an uptrend.
* **Warnings:** Technical analysis is not 100% accurate, other factors must be taken into account.