MYXUSDT is trading at $1.67891, down slightly by -0.73%, and sitting right in the middle of its 24h range. With RSI near 50 and volume cooling, the pair is in a consolidation phaseโsetting the stage for either a breakout or breakdown.
๐ Technical Snapshot
- Current Price: $1.67891
- 24h High/Low: $1.79777 / $1.54087
- RSI(14): 50.49 โ neutral, no clear momentum
- Volume: 7.9M โ light compared to MA(5) and MA(10)
- MA(5): 42.11M
- MA(10): 54.59M
Outlook: Sideways chop with potential breakout setup forming
๐ Scenario Breakdown
Bullish Case: Break above $1.70 with volume could push toward $1.75โ$1.78
Bearish Case: Drop below $1.65 opens downside toward $1.58โ$1.54
๐ Sentiment Meter
๐ก Neutral โ RSI flat, volume declining, price mid-range
โ ๏ธ Risk Level
๐ก Moderate โ No clear trend, but breakout potential rising
๐ง Strategy Prompt
If MYX breaks $1.70, are you going long or waiting for confirmation?
If it dips to $1.58, are you buying the bounce or shorting the fade?
๐ฌ Drop your bias below ๐
๐ Share your 4H chart setups
๐ Follow @TheCryptoMalik for daily MYX updates and sentiment reads
MYXUSDT #CryptoTrading #BinanceSquare #AltcoinWatch #NeutralSetup
๐ข Not financial advice. Always DYOR and manage your risk.