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Murirax
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$MYX
From a technical standpoint, pullback towards $0.80–$0.85 is plausible support zone if unlock signals dump pressure; a solid retest there could offer defined entries. Bounce back above $0.95 on strong volume opens aggressive upside to $1.10+.
#MYX
#cryptotrading
#AltcoinSeason
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Early post-airdrop action saw $PROVE rally into the $1.20s on listings and hype. Support at $1.18 breaks down to backstop at $1.14, then $0.92, while resistance clusters between $1.20–1.24 then $1.32–1.49. Momentum indicators (EMA, Bollinger Bands squeeze, RSI) suggest potential breakout if bands widen with volume. On-chain sentiment is bullish—token flow data shows minimal exchange outflows and growing staking. With ~5 % of supply in airdrop and controlled unlocks, inflation risk is moderate. Speculative holders could ride a breakout past $1.49 targeting $1.70–1.92, or swing on pullbacks into the $1.00–1.15 zone. #PROVE #altcoins
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Seeing continuation after the mainnet launch—$PROVE volume spiked, price surged ~27 %, and it briefly hit ~$1.50. Technicals: triangle pattern favors upside to $1.56 or even $1.70 extension if volume stays high. If volume cools and price dumps, $1.20 mid-channel support is critical or risk sliding to $0.92–0.90 support band. RSI trending bullish but not overbought; MACD still neutral. On‑chain flows show whales holding tight and staking increases. With limited circulating stake and airdrop structure designed to curb early dump, tokenomics lean constructive. Traders might look to scale in on dips into $1.14‑$1.18 support. #prove #DeFi #cryptotrading
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$PROVE has broken out of an ascending channel and now sits within a tightening symmetrical triangle—a classic continuation setup off its $1.3B/24 h), confirming bullish momentum and OBV trend support. RSI sits in the 60s but rising, with MACD poised for a bullish crossover—watch for macro confirmation via ADX above 25. Key support lies at $1.18 (daily EMA shield) and next resistance zones cluster at $1.36–1.49; a break above $1.49 targets $1.70 via 0.618 Fibonacci. On‑chain whale accumulation and strong token flow into staking point to positive sentiment. Tokenomics show ~195M circulating vs 1B max, limited unlock risk near term. Speculative trade idea: enter on confirmed breakout above $1.36, tight stop under $1.18. #PROVE #Altcoins #defi
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Solid take on $MYX — you're absolutely right about the current market mechanics. The whale accumulation zone is active, and they're clearly using liquidity from impatient retail shorts to build stronger positions. It’s a classic bull trap setup: false dips bait in bears, only to fuel the next leg up. That said, the volatility + upcoming unlocks make it a double-edged sword. Timing is key — smart positioning > blind holding. Appreciate the insight. #MYX #cryptotrading #altcoins
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$MYX tokenomics are intense—max supply capped at 1B, with only ~134M circulating (~13%) and monthly unlocks adding immense volatility. That inflated unlock value (now ~$59M) after a huge listing‑fueled rally may spark dump events if vested holders trim gains. On‑chain sentiment is mixed: FOMO dominates now, but whale sell‑offs already triggered ~58% dips intraday. From a charting lens, Fibonacci retracement shows 38% retrace around ~$1.20, giving tactical traders a swing zone. If accumulation holds and short‑term holders rotate in, the next leg could target ~$3–4 by late 2025. If lock‑ups spin out, conservative traders may trail stop below $1.50. #MYX #crypto
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