$PROVE
MYXUSDT (Perpetual) 4H Chart
📊 General Overview
Last Price: $1.807
24h High / Low: $2.17 / $0.815
24h Volume: MYX: 3.95B, USDT: 6.17B
Change: +35.61%
🔍 Technical Indicators
✅ Trend
The price has surged sharply from $0.1 → $2.17, indicating strong bullish momentum.
Currently consolidating after reaching the local high of $2.17.
📈 Moving Averages
EMA(21): 1.017 – Support zone
EMA(50): 0.590 – Stronger support
EMA(200): 0.239 – Long-term bullish bias
All EMAs are pointing up, showing bullish strength.
💹 Volume
Volume peaked during the rally and is now declining, which may signal:
A cooling-off period
Potential for a pullback or retest before next move
🔄 RSI (6): 67.71
Near overbought zone (70), suggesting caution
But still below extreme, so short-term upside may remain
📍 Support & Resistance Levels
🔼 Resistance
$2.17 – Previous local high
Break above this = Continuation of bullish rally
🔽 Support
$1.60–$1.70 – Current short-term support zone
$1.017 (EMA21) – Key pullback support
$0.81 (24h Low) – Major support if breakdown continues
🎯 Possible Trade Setups
✅ Long Entry
Zone: $1.65 – $1.75 (buy the dip)
Stop Loss: Below $1.55
Targets:
1. $2.00
2. $2.17 (breakout level)
3. $2.35+ (if momentum continues)
❌ Short Entry
Only if:
Rejection again at $2.17
RSI hits above 70 with falling volume
Entry: $2.15–$2.17
Target: $1.65–$1.50
🧭 Overall Trend
Strongly bullish, but cooling off.
Watch for retest of $1.60–$1.70 zone for bounce.
Breakout above $2.17 confirms next bull leg.