$MYX /USDT Perp based on the 1H chart you shared:
šØ $MYX /USDT ā Strong Recovery Rally! Overbought Zone Incoming
Current Price: $0.11882
24h Gain: +11.24%
24h High: $0.12132
24h Low: $0.08589
Volume: 1.66B MYX | 164.47M USDT
RSI (6): 88.12 š” (Overbought)
Technical Overview:
Price surged from $0.085 to $0.121 in a steep climb.
MA(7), MA(25), and MA(99) are turning upward ā confirms trend reversal.
RSI is above 88 ā signals possible short-term exhaustion or pullback.
Huge volume spike with bullish candles ā confirms demand.
ā Trade Plan ā Caution for Longs
Buy on Pullback Only:
Ideal Entry Zone: $0.112 ā $0.115
Stop Loss: Below $0.104
Target 1: $0.121
Target 2: $0.125
Target 3: $0.133 (if trend continues)
š Risk Note:
RSI above 88 suggests MYX is currently overbought. Avoid chasing here ā wait for price to cool off or retrace to support before entering.
š” Watch $0.115 zone for a clean bounce with renewed volume.
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