very good
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Phoenix Crypto
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🚀 $MYX /USDT LONG TRADE SIGNAL
🔥 Market Overview:
MYX has corrected about -3.7 % from its 24 h high of 12.43 down to 10.71. Price is sitting above the 24 h low (9.88) with a small green candle forming – a possible short-term bounce area.
🔑 Key Levels:
Support: 9.88 – 9.82
Resistance: 11.50 – 12.00 – 13.00
📌 Trade Setup (LONG idea):
Entry Zone: 10.60 – 10.80
Take Profit Targets:
🎯 TP1: 11.50
🎯 TP2: 12.00
🎯 TP3: 13.00
🛑 Stop Loss: 9.82 (below the 24 h low)
💡 Market Outlook:
Holding above the 10.60–10.70 area would keep the bullish bias alive for a relief bounce to test resistance levels. A break below 9.82 would invalidate this setup.
⚡ Strategy:
Enter within the 10.60–10.80 zone.
Scale out profits at each TP.
After TP1, move SL to entry to protect capital.
📊 Risk Management:
Limit risk to 1–2 % per trade.
Target at least 1:3 risk–reward.
Use smaller position size because of high volatility (marked on the chart).
#MYX #LONG #TradingSignal
🔥 Market Overview:
MYX has corrected about -3.7 % from its 24 h high of 12.43 down to 10.71. Price is sitting above the 24 h low (9.88) with a small green candle forming – a possible short-term bounce area.
🔑 Key Levels:
Support: 9.88 – 9.82
Resistance: 11.50 – 12.00 – 13.00
📌 Trade Setup (LONG idea):
Entry Zone: 10.60 – 10.80
Take Profit Targets:
🎯 TP1: 11.50
🎯 TP2: 12.00
🎯 TP3: 13.00
🛑 Stop Loss: 9.82 (below the 24 h low)
💡 Market Outlook:
Holding above the 10.60–10.70 area would keep the bullish bias alive for a relief bounce to test resistance levels. A break below 9.82 would invalidate this setup.
⚡ Strategy:
Enter within the 10.60–10.80 zone.
Scale out profits at each TP.
After TP1, move SL to entry to protect capital.
📊 Risk Management:
Limit risk to 1–2 % per trade.
Target at least 1:3 risk–reward.
Use smaller position size because of high volatility (marked on the chart).
#MYX #LONG #TradingSignal
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