Yesterday, fear dominated the timeline.
Today, price confirms structure.
While many expected deeper downside, $MYX did exactly what strong, controlled markets do:
it pulled back, absorbed liquidity, and re-established support.
After the impulsive move toward 7.34, price corrected aggressively, triggering late longs and shaking weak hands. Instead of continuation down, MYX held above key demand and started building a higher base.
This price action confirms one thing:
the move was not distribution — it was liquidity engineering.
What the chart is telling us now:
Strong impulsive leg → trend initiation
Sharp pullback → liquidation + reset
Current range → re-accumulation
Higher lows forming above 5.90–6.00
As long as this structure holds, the bias remains bullish continuation.
📈 Futures Trading Plan (Continuation Bias)
Primary Long Zone:
5.90 – 6.10
Upside Targets:
TP1: 6.75 – 6.90 (range high)
TP2: 7.34 (previous high / liquidity)
TP3: 7.80 – 8.20 (expansion zone, only with volume)
Invalidation / Stop:
Acceptance below 5.60 on strong volume
This is not about predicting tops.
It’s about aligning with structure while liquidity builds.
Risk management is mandatory. DYOR.
#MYX #FuturesTrading #CryptoTA #BinanceSquare