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#PIXEL
This rebound has been moving upward, but after reaching this zone, the upward momentum is starting to slow down.
Short-term Trading Plan (Maximum 10x)
Entry Zone: 0.0123 – 0.0128
Stop Loss: 0.0138
First Take Profit: 0.0115
Second Take Profit: 0.0105
Third Take Profit: 0.0096
Chart Analysis
The previous uptrend was quite strong, but after this surge, it can't push higher anymore.
The bulls are barely maintaining the rebound, with follow-through momentum clearly weakening. The price action is becoming choppy and unsmooth.
Price is approaching the resistance zone without continuing to break higher with strength.
Short sellers are slowly coming back. Once the uptrend stalls and buying pressure can't keep up, a pullback becomes very likely.
Short👇🏼$PIXEL