$PIXEL is looking bearish after the breakdown.



The structure has weakened, and price is starting to lose key support levels.

If sellers maintain control, bearish momentum could build quickly and push the market toward lower targets.

Bulls need a strong recovery to invalidate the current setup, otherwise the path of least resistance remains to the downside.

Keeping a close eye on PIXEL here. Further downside could be on the table.
PIXEL3.96%
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MintConditionMax
· 1h ago
The prototype of the bear flag, with possibly 20% more space below
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GateUser-83c80dd0
· 05-29 06:22
Observing the change in trading volume, both a reduction in volume and a rebound are false signals of a trap.
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GateUser-5f4bad9c
· 05-29 06:21
Key positions can't be held, and the bulls need to quickly organize a counterattack.
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StrollingOnTheEdgeOfTheDao
· 05-29 06:04
Structure deteriorates + increased volume decline, short-term bearish outlook
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LanternSlippage
· 05-29 06:04
Breaking below support is indeed ugly; this bearish wave is quite fierce.
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