$MYX SIGNAL ALERT 🟢✨️✨️✨️
$MYX USDT has taken a heavy hit,
dropping nearly twenty-two percent
today, and price is now resting right
on the critical 1.4-1.5 support zone.
This level also lines up with the lower
boundary of its rising channel, making
it a do-or-die point for bulls.
On the four-hour chart, RSI is already
oversold, showing exhaustion after
the selloff. This increases the probability
of a relief bounce, especially if buyers
defend 1.50 with strength.
A move back above 1.71 would
bring momentum back in favor of the
bulls and open clean upside toward
1.76, 1.91, and potentially 1.94. 🎯
The trade idea here leans bullish as
long as 1.50 holds.
Entries around this support offer
a strong risk-to-reward setup,
with invalidation below 1.40.
If that level fails, the structure breaks
down and sellers will likely take
over again.
In short, $MYX is oversold at a major
support. Holding this area could
spark a rebound toward the 1.70s
and beyond, but a breakdown
under 1.40 would flip the market
bearish again. 📉
DYOR
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