Price: 0.01397 | EMA7: 0.01 | EMA25: 0.02 | RSI14: 32.03 | Resistance: 0.01889 | Support: 0.01384 | Average Volume: 12517424.42 | Volume Trend: Decreasing
Based on the provided technical analysis for PIXELUSDT, here are my suggestions:
1. Best Long Entry Prices: As the initial support level is 0.01384, I recommend entering long positions once the price breaks above 0.01384 with a stop-loss below this level. For a more conservative approach, enter a long position once the price stabilizes around the resistance level of 0.01889. A good take-profit target can be set at a point slightly above the recent swing high, for example, close to 0.021.
2. Best Short Entry Prices: Considering the current decreasing volume trend and price moving below the EMA25, the best opportunity to enter short positions appears once the price retests the moving averages (MA) or support levels at 0.01384 or 0.014666211067385. Use a stop-loss order slightly above the current resistance level to mitigate potential losses. A potential target for take-profit can be set close to the previous swing low, for example, around 0.011.
As always, monitor the market closely, as market conditions can change rapidly. Additionally, ensure that you are familiar with your personal risk tolerance before trading in any asset.