๐๐ฅ $MYX โ PULLBACK OPPORTUNITY OR CONSOLIDATION? ๐ฅ๐
Traders, $MYX has been on an impressive rally over the last 2 days, soaring to $18.20 before pulling back. Now, the price is hovering near $15.40, signaling a potential correction or consolidation phase.
๐ Current Snapshot:
Recent High: $18.20 โ massive rally observed
Current Price: $15.40 โ cooling off after the surge
Support Zone: $14.50 โ $15.00 โ crucial level to watch
Potential Resistance/Targets: $18 โ $20 if bulls regain control
โก Key Levels:
Bullish Scenario: Price holds above $14.50 โ $15.00 โ potential bounce toward $18 โ $20
Bearish Scenario: Loss of support โ extended correction possible, monitor for levels below $14.50
๐ก Trading Strategy:
1. Entry (Aggressive): Near $15.00 โ $15.20 if support holds
2. Entry (Conservative): Wait for confirmation of bounce above $15.50
3. Targets: Scale out at $18 โ $20 for maximum gains
4. Stop-Loss: Below $14.45 โ protect capital if support fails
๐ Takeaway:
$MYX is in a critical consolidation phase. This pullback could be a golden entry opportunity for the next leg up if buyers defend support. Patience and discipline are key to capturing profits!
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