$MYX Brace yourselves, traders! MYX is painting a textbook bearish masterpiece on the charts. This isn't just a dip; it's a full-blown breakdown screaming for a high-leverage short scalp. Let's dissect this opportunity.

📊 Quick Stats & Sentiment

· LIVE PRICE: $12.67 (-25%! 😱)

· FUNDING RATE: +0.01% (Perfect for shorts - we get PAID to be bearish! 💰)

· OI TREND: DECREASING 📉 (Traders are closing long positions = Capitulation phase!)

· L/S RATIO: Neutral (No extreme bias, room for more selling)

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🔍 Technical Deep Dive: The Bearish Symphony

📈 Chart & Candlestick Patterns: A clearDescending Channel is in play. Price is consistently making lower highs and lower lows. The recent breakdown below the $13.00 psychological support has now turned it into a strong resistance. We're also seeing long wicks on rallies (rejection!) and solid red candles on moves down (bearish conviction).

📉 Indicator Analysis - The Triple Bearish Confirmation:

1. Moving Avalanche 🏔️: Price is trading BELOW ALL key EMAs (20, 50, 100, 200). The order (shortest EMA lowest) is a classic Bearish Alignment. This is the definition of a downtrend. Any bounce towards the EMA(20) ~$13.15 is a gift for better short entries.

2. RSI Divergence & Oversold Trap: The RSI is at a depressed 26. BUT! Beware of the "oversold" trap in a strong trend. It can stay oversold for a long time. More importantly, we saw Bearish Divergence before the crash: price made a higher high, but RSI made a lower high. That was your first warning!

3. MACD Momentum Crush: The MACD line (DIF) is deep in negative territory and has just crossed below its signal line (DEA) again. The histogram is red and expanding (-0.15). This confirms bearish momentum is RE-ACCELERATING.

🎯 Volume & Order Book Insight:

· Volume is decent on down moves.

· The order book (Depth) shows a Massive Sell Wall at $12.7 ($19K MYX). That's our immediate resistance. The buys below are thinner, meaning the path of least resistance is DOWN.

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⚡ High-Leverage Scalp Setup (LONG BIAS IS SUICIDE HERE)

🎯 Entry Zone (SHORT): $12.68 - $12.75 (Aggressive entries on a retest of the broken support, now resistance)

✅ Add-On: Any bounce towards the EMA(20) at $13.10 - $13.20 is a golden opportunity to add to your short position.

🛑 Stop Loss (MUST USE!): $13.40 (A clean break above the EMA cluster and the recent minor high would invalidate the immediate bearish structure).

🎯 Take Profit Targets:

· TP1: $12.20 (Initial support)

· TP2: $11.80 (Next significant level)

· TP3: $11.50 (Channel bottom & Big profit take)

⚖️ Leverage Suggestion: 10x-15x Cross. Manage your risk! This is a scalp, not a diamond hands play.

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🧠 Trading Psychology: Don't Be a Hero

· FOMO (Fear Of Missing Out): You see it crashing and want to jump in. DON'T CHASE. Wait for the pullback to resistance to enter. The trend is your friend, but it's a punishing master if you enter late.

· Hope: The "it's oversold, it must bounce" thought will lose you money. Trade what you see, not what you hope. The chart shows SELLING.

· Confirmation Bias: If you're already long, you'll ignore these bearish signs. Be objective. The best traders cut losses quickly and flip their bias.

✅ Conclusion:

All signals are flashing red. The technical breakdown, decreasing OI, low funding rate, and bearish indicator alignment create a perfect storm for a short scalp.

Strategy: SELL THE BOUNCE. Ride the wave down. Bank the profit. Repeat.

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