๐ MYXUSDT: Long or Short โ Whatโs the Right Move Now?
MYXUSDT just delivered a massive bullish rally, gaining over +55% in 24 hours, touching the resistance at $0.20000 before pulling back slightly.
๐ผ Long Entry โ Caution Needed:
Price is currently at a high level. A potential long entry could be considered only if the price pulls back to the $0.165โ$0.159 support zone and holds that level with strong confirmation.
๐ฝ Short Opportunity โ Watch Closely:
Since the coin has already pumped hard with heavy volume, thereโs a high chance of a short-term correction. A clean break below $0.170 might open the door for a low-risk short.
โ My Opinion:
โธ๏ธ Avoid new entries at this high point.
๐ If price drops below $0.170 with momentum, shorting can be considered.
๐ If it tests $0.160 support and bounces back, that could be a safer long.
๐ Always confirm with your own analysis before entering any trade.
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