$MYX USDT short trade signal 🛑 🚦
BEARS PRESSURE FOR A DEEPER DIVE
$MYX USDT is under heavy selling pressure after failing to reclaim the $1.65 resistance zone. Price has broken down from the consolidation range, indicating momentum shift in favor of sellers. A sustained move below $1.62 opens the door for a sharper drop toward key demand levels.
Trade Setup
Entry: $1.625 – $1.640
Take Profit 1: $1.55
Take Profit 2: $1.50
Stop Loss: Above $1.66
Market Outlook
Momentum is clearly bearish with sellers dominating short-term charts. The rejection from the $1.73 swing high confirms strong resistance, and unless bulls reclaim $1.65, downside targets remain in play. Watch for increased volume on breakdowns as confirmation.
