🔻 Pair $MYX /USDT - Short Setup After Huge Rise

After a corresponding move from $0.2225 to $0.9780, the MYX pair shows signs of exhaustion and a potential reversal in its trend. The price struggles to regain its highs, and the 15-minute structure indicates the formation of a lower high.

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🔴 Entry Zone (Sell):

$0.850 - $0.910

🎯 Take Profit Targets (TP):

1. $0.746

2. $0.615

3. $0.485

4. $0.390

5. $0.300 or more

❌ Stop Loss (SL): $0.980 (above the wick's high)

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📊 Technical Notes:

• A bearish divergence is forming on the Relative Strength Index (RSI)

• High trading volume near $0.9780, indicating price distribution

• Lower highs are forming on smaller timeframes

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$MYX

📝 Note: Ideal for quick trades or medium-term correction trades. Make sure to manage risk properly - volatility is very high.

$MYX

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