š $MYX USDT Analysis! š
š Current Price: $1.6482 (ā +5.34% in 24h)
š Market Sentiment: Price is consolidating after a huge run-up, trading in a tight range near mid-support. Volume is moderate, showing indecision between bulls and bears.
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š Bullish Setup (on Pullback Support):
š¹ Resistance: $1.80, $2.05
š¹ Support: $1.54, $1.40
šø Entry: $1.54ā$1.60 (buy on confirmed bounce from support)
šø Stop Loss: $1.38
šø Take Profit: Ride reversal to resistance levels
šÆ Targets:
ā TP1: $1.80
ā TP2: $2.05
ā TP3: $2.35
š” Pro Tip: A breakout above $1.80 with volume could push price toward $2.05 quickly. Scale entries to manage risk in this consolidation zone.
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š Bearish Setup (Rejection + Breakdown):
š¹ Resistance: $1.70, $1.80
š¹ Support: $1.54, $1.40
šø Entry: $1.70ā$1.75 (short on rejection from resistance)
šø Stop Loss: $1.82
šø Take Profit: Target key breakdown zones
šÆ Targets:
ā TP1: $1.54
ā TP2: $1.40
ā TP3: $1.20
š” Pro Tip: A loss of $1.54 support with strong selling pressure could trigger a deeper retracement. Watch for high-volume breakdown candles.
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ā ļø Current Bias: Neutral ā market is ranging. Break above $1.80 or below $1.54 will decide the next strong move.