MYX/USDT (15m) Trade Plan
Entry Zone: 0.0640 – 0.0645 USDT
Stop Loss: 0.0659 USDT
Take Profit 1: 0.0630 USDT
Take Profit 2: 0.0622 USDT
Take Profit 3: 0.0610 USDT
MYXUSDT is showing continued weakness after failing to reclaim the key moving averages. The recent rejection near 0.0650 suggests sellers are defending resistance, making a short position favourable while price remains below 0.0659. If bearish momentum continues, the price could revisit the recent swing low around 0.0622 and potentially extend toward 0.0610. If the stop loss is hit, the bearish setup is invalid. Consider taking partial profits at each target and move the stop loss to breakeven after TP1 to protect gains.
$MYX
Entry Zone: 0.0640 – 0.0645 USDT
Stop Loss: 0.0659 USDT
Take Profit 1: 0.0630 USDT
Take Profit 2: 0.0622 USDT
Take Profit 3: 0.0610 USDT
MYXUSDT is showing continued weakness after failing to reclaim the key moving averages. The recent rejection near 0.0650 suggests sellers are defending resistance, making a short position favourable while price remains below 0.0659. If bearish momentum continues, the price could revisit the recent swing low around 0.0622 and potentially extend toward 0.0610. If the stop loss is hit, the bearish setup is invalid. Consider taking partial profits at each target and move the stop loss to breakeven after TP1 to protect gains.
$MYX