🌀 $MYX /USDT – Pullback or Power Move? Let’s Decode This Surge
📊 Chart: 1H Timeframe
Current Price: $0.06277 (▲ +11.37%)
24H High/Low: $0.06815 / $0.05203
MA(20): $0.06028 — just got reclaimed after strong volume breakout
📈 Market Behavior:
MYX exploded from the $0.052 zone into $0.068 before pulling back. Despite that strong wick, buyers quickly stepped in to support the structure above the MA20. The current candle shows hesitation, but momentum remains intact.
⚡️ Momentum Snapshot:
• Big volume spike followed by lower selling volume — classic continuation behavior
• Price reclaiming short-term moving average ✅
• Order book: 54.3% buyers > 45.7% sellers — bull pressure rising again
• RSI likely mid-high — not overheated yet
🧱 Key Levels:
• Support: $0.0602 / $0.0573
• Resistance: $0.0651 → $0.0681
• Breakout Line to Watch: $0.0650 (bulls need to flip this)
💡 Opinion – Trade Setup Idea:
Setup Type: Breakout Retest Strategy
• Entry: $0.0615–$0.0625 (on minor dip or consolidation)
• TP1: $0.0651
• TP2: $0.0681
• SL: $0.0595
• R:R: 1:2
🔁 If MYX fails to reclaim $0.065 convincingly, we may see a temporary range between $0.060–$0.065 before the next leg.
⚠️ DYOR – While the structure is bullish, wick rejections near $0.068 hint at trapped longs. Use volume confirmation and avoid chasing green candles blindly.
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