$MYX MYX/USDT – Momentum Return After Brutal Dump
Price: $0.0669 | Change: +24.73%
Timeframe: 4H | Date: July 6, 2025
After a massive correction from $0.161 to $0.045, MYX is showing early signs of recovery. Price has reclaimed above EMA(7), and volume is ticking higher. Strong bounce with +24% daily gain indicates a short-term bottom might be forming.
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📊 Technical Outlook:
EMA(7) breakout = short-term bullish shift
Price still below EMA(25) and EMA(99) = major resistance ahead
Stoch RSI: curling up from oversold → early bullish momentum
Support: $0.061 / $0.053
Resistance: $0.072 / $0.091 / $0.116
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🔎 Probability Forecast:
Direction Chance Signal
🔼 Short-term rally toward $0.072–$0.091 65% EMA(7) hold + Stoch RSI rising
🔽 Retest $0.061 / $0.053 35% Rejection at EMA25 + volume fade
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🎯 Entry Idea (High Probability – 65%):
> Buy Zone: $0.064–$0.067
Target: $0.072 – $0.091
Stop Loss: below $0.060
Momentum traders may look for quick upside, but wait for EMA(25) breakout for stronger trend confirmation.
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