๐จ $MYX/USDT Short Trade Signal โ Bearish Rejection in Play ๐ป
$MYX surged to a high of $15.41, but strong rejection near this resistance level indicates fading bullish momentum. The price is now trading lower at $15.17, showing early signs of a possible bearish reversal.
๐ป Trade Setup (Short Position)
Entry Zone: $15.15 โ $15.41
Target 1: $14.70
Target 2: $13.50
Target 3: $12.85
Stop Loss: $16.32
๐ Market Insight
After a sharp pump, MYX is showing rejection candles on rising volume. The failure to hold above $15.40 combined with overbought conditions suggests a short-term pullback or reversal is likely.
๐ก Strategy Note:
Short setups after fake breakouts or rejection at resistance zones often offer high R:R trades. Watch volume and candle confirmations on lower timeframes. The breakdown below $15.00 would likely accelerate the move.
๐ Take your position before the drop โ $MYX may be setting up for a clean leg down.
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Trade Now Here $MYX