🚨 MYXUSDT: Caution Ahead! Extreme Overbought Signals Suggest Impending Correction
MYXUSDT just pumped +157% in 24 hours, but technicals scream exhaustion:
- 📉 RSI(6) at 99.25: Severely overbought (maxed out!).
- 📉 Volume Divergence: Current volume is 98% below the 5-day average—no buyer support at these levels.
- 📉 Parabolic Move: Price is 200%+ above EMA(25), a classic blow-off top pattern.
Key Levels:
- Resistance: $3.88 (24H High)
- Target Support: $2.00 (EMA25)
- Stop-Loss: Above $3.90
Verdict: Profit-taking likely. Wait for a pullback to $2.00–$2.20 before considering longs.
Hashtags: #MYXUSDT #Bearish #Overbought #Crypto #TradingAlert