PIXEL/USDT Lying on the support, need bounce to continue upward!

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💎 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.

Penafian

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