$PIXEL #pixel Here’s a clean breakdown of your PIXEL/USDT (4H) chart:
📉 Current Situation
Price: 0.00694
Strong rejection from 0.0082–0.0083 resistance
Now moving down with lower highs + lower lows → short-term bearish trend
📊 Indicators Analysis
1. Bollinger Bands
Price dropped below the middle band (0.00725) → bearish control
Heading toward lower band (~0.00653) → possible support zone
2. RSI (6)
Around 28–29 (oversold)
Selling pressure is high, but bounce can happen anytime
3. Volume
Selling candles increasing → confirms bearish momentum
No strong buying volume yet
🔑 Key Levels
Support:
0.00650 – 0.00653 (major zone, lower BB)
If breaks → next could be 0.00620 – 0.00600
Resistance:
0.00720 – 0.00730 (mid BB)
Strong resistance: 0.00780 – 0.00820
📈 Possible Scenarios
🟢 Bullish (Short-term bounce)
RSI oversold → price may bounce from 0.0065 zone
Target: 0.0072 – 0.0073
🔴 Bearish (Continuation)
If 0.0065 breaks with volume
Expect drop toward 0.0062 or lower
🧠 Trading Insight
Not a good spot for aggressive buying yet
Better to:
Wait for clear reversal candle
Or breakout above 0.0073
If you want, I can �mark entry, stop-loss, and targets for a safe trade setup.