#CryptoTrading.

📊Technical Analysis (1 hour) $MYX /USDT

1. Price and Trend: The price has risen to 0.25847 (+110.77%), indicating a strong bullish trend. The candlestick chart shows an upward movement with support from the moving average MA(5).

2. Bollinger Bands (20, 2): The price is approaching the upper limit (UP: 0.26301), which may signal overbought conditions. The middle line (MB: 0.18564) and the lower line (DN: 0.10828) confirm the extension of the range.

3. Volume (volume): The volume is 550,829,219, which is supporting the price growth, especially in the last candles, indicating active market participation.

4. MACD: DIF (0.03078) exceeds DEA (0.02387), and MACD (0.00691) is positive, confirming bullish momentum.

5. Stochastic RSI: The value of 76.23158 (MASTOCHRSI: 72.31688) is approaching the overbought zone (above 80), which may warn of a possible correction.

⚠️Conclusion: The current trend is bullish, but high values of Stochastic RSI and approaching the upper Bollinger band may indicate the risk of a reversal or correction. Recommended size for volume and support level around 0.18564 (Bollinger average).