๐ Long Position Suggestion for $MYX
Entry Point: Consider entering a long position near $0.0961.
Rationale:
Positive Momentum: MYX has experienced a 5.48% increase today, indicating bullish sentiment.
Liquidity: The current trading volume is approximately $5.37 million, suggesting healthy market activity.
Technical Indicators: The price is approaching the intraday high of $0.10243, which could act as a resistance level.
Risk Management:
Stop-Loss: Place a stop-loss order around $0.0849 to manage potential downside risk.
Target: Aim for a price target near the intraday high of $0.10243, with potential to reach the all-time high of $0.1192.
Note: Ensure to conduct thorough research and consider market conditions before entering any trades.