Based $PIXEL / Tether (USDT), price made a very strong pump and is now showing rejection near the recent high. After such a vertical move, a short-term pullback is possible.
Short Trade Setup (4H)
Current Price: 0.0142
Entry Zone:
0.0140 – 0.0145
Stop Loss:
0.0176 (above the recent wick/high)
Targets (TP):
TP1: 0.0128
TP2: 0.0115
TP3: 0.0102
Technical Reason
Strong overextended bullish move
Upper wick rejection near 0.0174 resistance
Possible EMA pullback
Momentum may cool after rapid rally
Trade Idea
Short only if price fails to reclaim 0.0150–0.0155 and continues showing rejection.
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