$MYX #MYXUSDT Trading Setups
LONG Setup (Aggressive Reversal)
Entry: 1.4500 - 1.4800 (break above lower Bollinger Band + RSI bounce)
Targets:
1. 1.5500 (mid-range liquidity)
2. 1.6500 (middle Bollinger Band)
3. 1.8000 (upper Bollinger Band)
Stop Loss: 1.3900 (below recent swing low)
Confirmation Needed:
- RSI(6) above 30 and rising
- MACD histogram turning positive
SHORT Setup (Trend Continuation)*
Entry: 1.4000 - 1.4200 (rejection from lower Bollinger Band)
Targets:
1. 1.3000 (psychological support)
2. 1.2162 (24h low)
3. 1.1000 (next liquidity zone)
Stop Loss: 1.4800 (above entry zone)
Confirmation Needed:
- RSI(6) below 25 and flat
- Volume spike on breakdown
Key Notes:
High-risk trades due to extreme volatility (-19% daily move).
Prioritize small position sizing and strict stops.
Watch for Bitcoin correlation (broader market sentiment).
#REVABinanceTGE #BTCBreaksATH #signaladvisor #DeFiGetsGraded $BNB