$MYX is holding above a recent breakout area after a strong impulsive move, with price consolidating near short-term support. The structure remains bullish, suggesting continuation is possible if buyers continue to defend current levels.

Entry Zone:

3.36 – 3.42

This range represents the current consolidation area and post-breakout support.

Stop-Loss:

3.28

Placed below the recent structure low to protect against a failed breakout.

Take-Profit Targets:

TP1: 3.55 – immediate resistance and recent reaction high

TP2: 3.75 – next supply zone and short-term extension

TP3: 4.05 – extended target if bullish momentum strengthens with volume confirmation

Trade Logic:

Price has shifted structure to the upside and is forming higher lows after the breakout. Holding above the entry zone keeps the bullish continuation scenario intact. A strong bullish close above 3.55 would likely accelerate price toward higher resistance levels.

Risk Management:

Consider taking partial profits at TP1 and moving the stop-loss to breakeven to protect capital as the trade develops.

This setup is based on short-term price action and structure behavior. Always manage risk carefully and stay adaptive to market conditions.