š» $MYX /USDT ā Short Setup After Massive Pump
After a parabolic move from $0.2225 to $0.9780, $MYX is showing signs of exhaustion and potential reversal. The price is struggling to reclaim the highs, and the 15m structure suggests a lower high forming.
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š“ Entry Zone (Short):
$0.850 ā $0.910
šÆ Take Profit Targets (TP):
1. $0.746
2. $0.615
3. $0.485
4. $0.390
5. $0.300+
ā Stop Loss (SL): $0.980 (above the wick high)
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š Technical Notes:
⢠Bearish divergence forming on RSI
⢠High-volume wick near $0.9780 indicating distribution
⢠Lower highs forming on smaller timeframes
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š Note: Ideal for quick scalps or mid-term correction trades. Ensure proper risk management ā volatility is extremely high.
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