This is exactly the type of move that makes the market feel like it is waking up again.
PIX is showing 7.68 percent growth in the 24 hour leaderboard snapshot, with price around 0.00000308.
Small priced tokens can move aggressively when liquidity enters the market because relatively small changes in demand can produce large percentage moves.
That is why I am not interested in chasing the candle blindly.
I am watching the reaction around 0.00000302 to 0.00000304.
If that area becomes support instead of resistance, the market may give another opportunity for continuation. If buyers completely lose that area, the momentum setup becomes weaker and risk increases.
At the macro level, trading activity has expanded sharply in recent market reports, while BTC dominance has been shifting lower. At the same time, whale activity remains an important variable because large capital movements can change liquidity conditions very quickly.
For PIX, the next move is about confirmation.
EP
0.00000302 to 0.00000304
TP
0.00000333
0.00000354
0.00000385
SL
0.00000286
The market does not always announce the next move.
Sometimes the leaderboard tells you first.
PIX is on the watchlist.
I’m ready for the move —
#NYSE partners on tokenized stocks
#CME launches BCH and UNI futures