$MYX Long Liquidation – $4.76K at $9.649
Long positions worth nearly $4.8K were wiped out at $9.649, highlighting clear weakness from buyers.
Key Price Zones
Support: $9.40 and $9.15
Resistance: $9.80 and $10.05
Market Insight
The liquidation shows bulls losing control around $9.65. If $9.40 breaks, the slide can deepen toward $9.15. On the upside, regaining $9.80 is crucial for momentum to shift back in buyers’ favor.
Trading Approach
Long entry: Near $9.40–$9.45 with upside targets $9.80 and $10.05, stop under $9.15
Short entry: Look for rejection at $9.80, aiming back to $9.40