PIXEL/USDT Lying on the support, need bounce to continue upward!💎 Paradisers, #PIXEL has recently encountered significant market dynamics, currently positioned near the support area and awaiting a potential bounce to sustain the upward momentum and test the resistance trendline.
💎 Should #PIXEL successfully breach the resistance trendline, it could signal a continuation of the upward movement, potentially leading to a test of our target resistance area.
💎 However, if #PIXEL breaks below the support level, it may indicate a shift in momentum towards the downside, with the price likely retracing to revisit the key support area around $0.484.
💎 The key support area holds crucial significance, requiring a bounce and a subsequent reclaiming of the price above this level for #PIXEL to maintain its upward trajectory. Failure to do so, especially if the key support is breached, could lead to further downside movement.
PIXELUSDT
PIXEL/USDT 4HInterval Potential LONGPixel is one of the stocks that have already responded correctly to the bullish analysis and once again presents a UP pattern. At the moment, I have marked the demand zones as yellow CII and CII. An additional advantage is that both zones result from different impulse correction structures and yet they converge in a similar space for a price around USD 0.65-0.75. At the same time, falling below USD 0.60 would negate both growth scenarios.
Moreover, the maintenance of the BTC upward trend and the duration of the entire altseason strengthen the analysis.
PIXEL/USDT PLAN The Pixel/USDT trading pair is currently showing a notable breakout from a triangle pattern on the 4-hour timeframe chart. This development suggests a potential bullish trend with an anticipated movement of around 30-60% in the short term. It is important to emphasize that this analysis is for informational purposes only and should not be considered as financial advice. Traders and investors are encouraged to conduct their own research and exercise caution when making trading decisions.
Pixels (PIXEL)Pixels is a web3 game powered by the Ronin Network, It involves a mesmerizing open-world game that revolves around farming, exploration, and creation. Pixels popularity and users are increasing every day; also, its 24H volume is noteworthy. Anyway, PIXEL is still young and there are not enough candles available. But, there are some patterns which can be used; first PIXEL moved in an inverted wedge pattern, then broke the wedge upward and now making a pullback/correction on the wedge's upper line. PIXEL shows promising future for web3 gaming. Let's see when PIXEL breaks the minor downtrend line upward.
PIXEL ANALYSISDue to the bullish BOS and IFC movement created by the buyers, the green range is expected to hold and reject the price to the upside.
Actually, PIXEL structure is Boolean.
On the chart, we have a liquidity pool in which we considered the first target.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PIXEL/USDT Gearing up for a Bull Rally? 👀🚀PIXEL Analysis💎Paradisers, let's turn our attention to an enticing trading prospect with #PIXELUSDT, currently stationed at a pivotal support zone, suggesting a bullish turnaround may be on the horizon.
💎Examining the trajectory of #Pixels, we've observed a rebound from significant resistance. At this moment, the price is taking on a crucial resistance level. Surpassing this barrier, with enduring momentum, hints at a strong chance for a bullish progression.
💎We're vigilant for clear evidence that this resistance has transitioned into support. With the bullish trend continuing, we anticipate an attack on the vital resistance marks at $1.03.
💎If the drive behind NGM:PIXEL begins to fade, remain alert for a possible bullish recovery from the robust support at $0.44. Yet, falling beneath this key threshold may indicate a move into bearish realms.
Pixel Looks Promising For Breakout Pixel/USDT:
The price is attempting to break out of a symmetrical triangle pattern. In case of a successful breakout, I anticipate a 50-70% bullish move in the coming days. Let's wait and see.
Please note that this is not financial advice. Make sure to conduct your own research.
Recently Listed Games: Pixels (PIXEL)What is Pixels (PIXEL)?
Pixels is an immersive blockchain-based farming and exploration game where players gather resources, develop skills, and embark on quests in an open-ended universe.
Pixels (PIXEL) is a social casual web3 game powered by the Ronin Network, It involves a mesmerizing open-world game that revolves around farming, exploration, and creation.
PIXEL is the native utility and governance token in the Pixels ecosystem, and used in the following functions:
In-game currency:
NFT Minting: All future NFT mints from Pixels will be in $PIXEL.
VIP Membership: Users will be able to purchase VIP Battle Passes in $PIXEL.
Guilds: Users will be able to join a new social-fi feature (Guilds) by using $PIXEL.
Quality of Life Upgrades: Premium in-game features will be sold in $PIXEL.
Governance: NGM:PIXEL will eventually be used to govern a community treasury.
Private/Pre-sale Price: $ 0.005
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