🚀 $MYX Update – What's Next? $20 or $10?

$MYX is currently trading at $15.80, up 26.7% in the last 24 hours, with a market cap of approximately $3.11 billion .

🔍 Technical Snapshot

RSI: 66.7 (approaching overbought territory)

50-day MA: $5.01

200-day MA: $5.62

Recent High: $7.31 (52-week high)

Recent Low: $4.02 (52-week low)

📈 Bullish Scenario

If momentum continues, $MYX could test the $20 mark. A breakout above this level would signal strong bullish sentiment.

📉 Bearish Scenario

A pullback towards $10 is possible, especially if the RSI indicates overbought conditions. A decline below $10 could signal a trend reversal.

⚠️ Risk Management Tips

Entry: Consider entering on a pullback to support levels.

Stop Loss: Place below key support levels to manage risk.

Take Profit: Set targets at resistance levels.

📊 Analyst Outlook

Analysts have a Moderate Buy consensus on MYX, with an average price target of AU$6.12, suggesting a potential upside of approximately 22.32% .

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