$MYX #BinanceSquareTalks
MYXUSDT analysis shows a *Strong Bullish* global trend, while the local trend is *Bearish*. Here's a breakdown¹:
- *Current Price:* $1.6997 USDT
- *Recent Performance:* MYXUSDT has surged over 1.55K% in the last week and 1.26K% in the last month
- *Trend Analysis:* The coin has been consolidating within a tightening structure, forming higher lows while repeatedly testing the descending resistance line
*Technical Indicators:*
- *Oscillators:* Neutral to Buy signals
- *Moving Averages:* Strong Buy signals
*Potential Trading Signals:*
- *Buy:* Target $1.80-$2.00, Stop-Loss $1.50
*Support and Resistance Levels:*
- *Resistance Level 1:* $1.80-$1.85
- *Resistance Level 2:* $2.00-$2.20
- *Support Level 1:* $1.60-$1.65
- *Support Level 2:* $1.40-$1.50
Keep in mind that the cryptocurrency market is highly volatile, and it's essential to prioritize risk management and stay updated on market trends.² ³