i think it s a trap , they want to get down the price

MYXUSDT

$MYX

A reversal is expected soon.

MYX a sharp drop followed by a bounce off a certain level (around 8.687 USDT as indicated by the horizontal line).

suggests a potential upward movement from the current level.

- *Support Level: The price seems to be holding above a support level, and the bounce could indicate buyers are stepping in.

- Recent Price Action*: After a significant drop, the price is showing signs of stabilizing and potentially reversing.

For a bullish outlook:
- A break above recent highs with volume would strengthen the bullish case.
- Holding above support levels like the one indicated could lead to further upward movement.
$MYX