$MYX USDT short trade signal 🛑 🚦
BEARISH BREAKDOWN SIGNAL: SELL PRESSURE SET TO DEEPEN
Price has rejected the upper resistance zone near 1.6460 and is now breaking down through a key horizontal support. Increased selling pressure and failed bullish attempts indicate a potential move towards lower demand levels, giving sellers a clear edge in the short term.
Trade Setup:
Entry Zone: 1.6230 – 1.6460
Take Profit 1: 1.5500
Take Profit 2: 1.4785
Stop Loss: 1.7380
Market Outlook:
Momentum has shifted decisively to the downside with sellers dominating intraday structure. As long as price stays below 1.6460, the trend remains bearish with a high probability of testing deeper supports.
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buy and trade here on $MYX