📈 Setting Up Strong Trades on $MYX – The Uptrend is Heating Up
The market is witnessing a clear breakout signal on $MYX. The bulls (buyers) are showing strength, indicating the potential to lead the trend in the upcoming sessions. The upward momentum is becoming increasingly strong, signaling attractive opportunities for short-term and medium-term investors.
🔹 Suggested Trading Zone
• Buy Zone (Entry Range): 15.50 – 16.00
📈 Short & Medium-term Targets:
• Target 1: 17.20
• Target 2: 18.50
• Target 3: 19.50
⛔ Stop Loss: 14.50
🔹 Trend Analysis
• The price has surpassed a significant resistance zone, indicating that the money flow is strongly directed towards buying.
• The breakout signal has been confirmed, further reinforcing the confidence for trend-following investors.
• If buying pressure continues, there is a high chance that the level of 19.50 will soon be tested.
🔹 Trading Strategy
• Short-term investors can take advantage of fluctuations from the range of 15.50 – 16.00 to open positions and gradually take profits according to each target.
• Medium-term investors can hold positions longer, aiming for the price level of 19.50 as momentum continues to be maintained.
• Adhering to the stop loss discipline at 14.50 is very important to protect capital when the market unexpectedly reverses.
👉 Summary: $MYX is in a strong bullish setup. The buyers are in control, and if momentum is maintained, the price level of 19.50 is entirely within sight. This is a time to closely monitor to seize opportunities.