MYXUSDT Short-term Trend｜Should you buy up or down now?
Don't blindly chase the trend! Understand this rebound before getting on board!🚨
MYX has a strong rebound from the oversold condition, but it's more suitable for quick in-and-out trades in the short term, not for holding.
1. Short-term: There is rebound momentum, support at 1.4–1.6, resistance at 1.7–2.0
2. Risk: There is significant selling pressure above, making it easy to spike and then fall back, chasing high can easily lead to losses
3. Conclusion: Only take rebound longs in the short term, do not chase high; if it breaks below 1.4, exit immediately, do not hold
$MYX
Don't blindly chase the trend! Understand this rebound before getting on board!🚨
MYX has a strong rebound from the oversold condition, but it's more suitable for quick in-and-out trades in the short term, not for holding.
1. Short-term: There is rebound momentum, support at 1.4–1.6, resistance at 1.7–2.0
2. Risk: There is significant selling pressure above, making it easy to spike and then fall back, chasing high can easily lead to losses
3. Conclusion: Only take rebound longs in the short term, do not chase high; if it breaks below 1.4, exit immediately, do not hold
$MYX