$MYX /USDT — SHORT | CONF 82% 🔻
MYX has made a huge 4H move, jumping from around 0.055 to 0.11500 before pulling back. The current chart shows RSI(6) at 84.82, indicating very strong short-term momentum and elevated pullback risk. Current external market data also places MYX around the $0.098 area with a large 24h move.
Trade Plan:
Entry: 0.0985 – 0.1040
Stop Loss: 0.1165
TP1: 0.0915
TP2: 0.0820
TP3: 0.0720
Why this setup?
RSI(6) 84.82 → heavily overheated
Strong rejection from 0.11500
Price is approaching the 0.104–0.115 resistance zone
The first important downside level is around 0.0915
A break below 0.0915 could accelerate the pullback toward 0.0820
Confirmation: 4H rejection below 0.1040 and a close below 0.0915 for stronger downside confirmation.
Invalidation: Strong 4H breakout and close above 0.1150.
Debate: After the massive $MYX pump, will 0.0915 become the first major pullback target? 👀
$MYX
MYX has made a huge 4H move, jumping from around 0.055 to 0.11500 before pulling back. The current chart shows RSI(6) at 84.82, indicating very strong short-term momentum and elevated pullback risk. Current external market data also places MYX around the $0.098 area with a large 24h move.
Trade Plan:
Entry: 0.0985 – 0.1040
Stop Loss: 0.1165
TP1: 0.0915
TP2: 0.0820
TP3: 0.0720
Why this setup?
RSI(6) 84.82 → heavily overheated
Strong rejection from 0.11500
Price is approaching the 0.104–0.115 resistance zone
The first important downside level is around 0.0915
A break below 0.0915 could accelerate the pullback toward 0.0820
Confirmation: 4H rejection below 0.1040 and a close below 0.0915 for stronger downside confirmation.
Invalidation: Strong 4H breakout and close above 0.1150.
Debate: After the massive $MYX pump, will 0.0915 become the first major pullback target? 👀
$MYX
