š $MYXUSDT Analysis! š
š Current Price: $0.78 (ā from $0.84)
š Market Sentiment: Profit-taking in progress after parabolic move. Price pulling back from local top near $0.97. Bulls losing momentum short-term.
---
š Bullish Setup (on Pullback Support):
š¹ Resistance: $0.85, $0.97
š¹ Support: $0.75, $0.68
šø Entry: $0.76ā$0.78 (buy on support bounce confirmation)
šø Stop Loss: $0.68
šø Take Profit: Ride reversal or bounce setups
šÆ Targets:
ā
TP1: $0.85
ā
TP2: $0.93
ā
TP3: $1.00
š” Pro Tip: If $0.75 holds, bulls may regain momentum. Best to scale in slowly, not go all-in.
---
š Bearish Setup (Rejection + Breakdown):
š¹ Resistance: $0.80, $0.85
š¹ Support: $0.75, $0.68
šø Entry: $0.79ā$0.81 (short on lower high or weak bounce)
šø Stop Loss: $0.86
šø Take Profit: Target breakdown zones
šÆ Targets:
ā
TP1: $0.73
ā
TP2: $0.68
ā
TP3: $0.59
š” Pro Tip: Breakdown below $0.75 could trigger further sell-off. Wait for clear rejection to avoid chop.
---
ā ļø Current Bias: Neutral to Bearish short-term, unless bulls defend $0.75 strongly. Watch volume and candle closes.
$MYX
USDT