PIXELUSDT is currently showing a strong bearish setup on the 15-minute timeframe. After forming a Market Structure Shift (MSS) and rejecting from the resistance zone, the price appears to be preparing for a significant downward move.
The price recently tapped into the supply/resistance zone around 0.0164 – 0.0157, which is a key area where sellers are likely to enter the market. This rejection suggests that bearish momentum could continue in the coming hours.
If the resistance holds, the market may first move slightly upward for liquidity before starting a strong drop.
📉 Potential Downside Targets:
First support area around 0.0120
Final major target around 0.0097
Traders should watch for confirmation near the resistance zone before entering positions. If the bearish structure remains intact, PIXELUSDT could experience a large downward move toward the lower support levels.
⚡ Key Idea: Sell from the resistance zone with proper risk management.