šŸš€ $MYX USDT Analysis! šŸš€

šŸ“ Current Price: $1.6482 (↑ +5.34% in 24h)

šŸ“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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šŸ“ˆ Bullish Setup (on Pullback Support):

šŸ”¹ Resistance: $1.80, $2.05

šŸ”¹ Support: $1.54, $1.40

šŸ”ø Entry: $1.54–$1.60 (buy on confirmed bounce from support)

šŸ”ø Stop Loss: $1.38

šŸ”ø Take Profit: Ride reversal to resistance levels

šŸŽÆ Targets:

āœ… TP1: $1.80

āœ… TP2: $2.05

āœ… TP3: $2.35

šŸ’” 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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šŸ“‰ Bearish Setup (Rejection + Breakdown):

šŸ”¹ Resistance: $1.70, $1.80

šŸ”¹ Support: $1.54, $1.40

šŸ”ø Entry: $1.70–$1.75 (short on rejection from resistance)

šŸ”ø Stop Loss: $1.82

šŸ”ø Take Profit: Target key breakdown zones

šŸŽÆ Targets:

āœ… TP1: $1.54

āœ… TP2: $1.40

āœ… TP3: $1.20

šŸ’” 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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āš ļø Current Bias: Neutral — market is ranging. Break above $1.80 or below $1.54 will decide the next strong move.

#MYX #Crypto #L2Analysis