$MYX USDT — BEARS MAINTAIN PRESSURE BELOW RESISTANCE
Price failed to reclaim the $1.71–$1.73 resistance zone after a bounce from the $1.5840 low, indicating seller strength at higher levels. The sideways consolidation with lower highs suggests a potential push back toward support if $1.70 remains capped.
Trade Setup (Short):
Entry Zone: $1.693 – $1.705
Target 1: $1.660
Target 2: $1.625
Stop Loss: $1.715
Market Outlook:
As long as price trades below $1.71, bears are in control. A decisive break under $1.66 could accelerate the drop toward $1.625 support.