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【$PIXEL Signal】Pullback confirmation, bulls make a second attack
$PIXEL 1H level pullback to EMA20 closes with a long lower shadow, buying depth piled up around 0.00747, selling pressure quickly absorbed. 4H MACD fast and slow lines form a golden cross, open interest remains stable, and the price remains firm in a negative funding rate environment, indicating a typical short squeeze precursor.
🎯Direction: Long
⚡Entry: Enter directly at current price around 0.00748, or add positions on pullback near 0.00736.
🛑Stop loss: 0.00720
🚀Target 1: 0.00802
🚀Target 2: 0.00834
🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining to break even. If the price falls back into the entry zone, exit unconditionally.
Order book data shows weak sell walls, resistance at 0.00750-0.00751 easily broken through. 1H RSI drops from overbought to 53, providing healthy correction space. Negative funding rates persist, increasing the cost pressure on short positions, and any upward price movement could trigger a chain reaction. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop loss to attempt an accelerated move.
Check real-time quotes 👇 $PIXEL
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#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨