$PERP BEARISH SETUP – DOUBLE POSITION TRAP UNDER PRESSURE! ⚔️🚨

MYX/USDT is currently trading at 0.06175, facing pressure below entry and showing signs of a potential breakdown. Both long and short 50x positions are under severe unrealized losses — time to tighten risk management! ⚠️💣

📌 CURRENT PRICE: 0.06175

📉 Entry (Long): 0.06332

📉 Entry (Short): 0.06390

🟠 Unrealized PNL: -4.01 USDT (Long), -10.47 USDT (Short)

📉 Leverage: 50x Cross

🧨 Liquidation Price (Long): 0.08466

🧨 Liquidation Price (Short): ~Unavailable but highly risky

📊 EMAs:

EMA(12): 0.06147

EMA(22): 0.06062

EMA(99): 0.05750

EMA(200): 0.05638

🔍 TECHNICAL OUTLOOK:

🔴 Resistance: 0.06332 (Long Entry & key rejection level)

🔴 Resistance 2: 0.06390 (Short Entry – upside invalidation)

🟢 Support 1: 0.06050 – Near-term support

🟢 Support 2: 0.05850 – EMA(99) bounce zone

🟢 Support 3: 0.05650 – EMA(200) and major bounce level

📈 TRADE IDEAS:

❌ Long position is under water; recommend exit if price fails to reclaim 0.06332 with strength.

❌ Short is also underwater; high risk of squeeze if price moves above 0.06400.

🟡 Best action: WAIT for direction confirmation above 0.06390 (bullish) or below 0.06050 (bearish).

📉 RISK MANAGEMENT:

With 50x leverage, a 2% move equals liquidation risk ⚠️. Immediately reassess exposure. Do not average into losses. Consider reducing leverage and tightening SL/TP zones.

⚠️ $MYX is volatile and stuck in chop — protect capital and avoid emotional trades! Stay disciplined! 🧠🛡️

#MYX #MYXUSDT #FuturesTrading #RiskControl #CryptoAlerts $PERP