#PIXEL/USDT 📉 Short Signal: PIXEL/USDT Trade Strategy The price has hit a "double top" or a heavy rejection zone at the 0.0157 level. The momentum is shifting bearish as indicated by the decreasing volume on the recent bounce and the RSI trending downward. Entry Zone: $0.01408 - 0.01450 DCA (Dollar Cost Average) / Entry 2: 0.01572 (Black line resistance) Stop Loss (S.L.): 0.01776 (Red zone - Exit if the high is breached) Take Profit Targets (White Lines) We are looking for a retracement to fill the liquidity gaps created during the pump: TP 1: 0.01330 TP 2: 0.01191 TP 3: 0.00997 Final Target: 0.00767 (Green box base) Technical Analysis Observations Candlestick Pattern: The 1h candles show long upper wicks (shooting stars/gravestone dojis) near the black line, indicating strong selling pressure. RSI (14): Currently around 61.44. It has exited the overbought zone (>70) and is crossing below its signal line, suggesting a bearish divergence or a loss of bullish momentum. Volume: Diminishing buy volume on the most recent candles suggests the initial pump is exhausted. #BinanceTGEUP $PIXEL {future}(PIXELUSDT)
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