📊 $MYX | Technical Analysis
🟢 Current Trend: Upward after a breakout surge and sharp correction
💰 Price: 0.08845$
📈 Potential Trade: LONG (after the correction stabilizes)
🎯 Entry Zone: 0.08100 – 0.08350$
🛑 Stop Loss: 0.07600$
✅ First Target: 0.09800$
✅ Second Target: 0.10500$
✅ Third Target: 0.11500$
📌 Analysis:
MYX Finance saw a strong increase of +45.43% and hit a peak at 0.11500$. It is currently entering a fast bearish correction candle as profits are taken. Price is trying to stabilize around the EMA 7 average at 0.08341. The RSI is declining toward 62.13, falling back from higher overbought zones. The account-ratio indicators favor the buy side (Long 72.39%), which requires caution regarding additional volatility before a return to the uptrend.
⚠️ Recommendation: It’s best to avoid opening a direct position during the current decline and wait for the price to stabilize above the nearby support level (EMA 7), with a reversal candle forming before entering the trade.
#MYX #MYXUSDT #Binance #Crypto #تحليل_فني📊 i #LONG
🟢 Current Trend: Upward after a breakout surge and sharp correction
💰 Price: 0.08845$
📈 Potential Trade: LONG (after the correction stabilizes)
🎯 Entry Zone: 0.08100 – 0.08350$
🛑 Stop Loss: 0.07600$
✅ First Target: 0.09800$
✅ Second Target: 0.10500$
✅ Third Target: 0.11500$
📌 Analysis:
MYX Finance saw a strong increase of +45.43% and hit a peak at 0.11500$. It is currently entering a fast bearish correction candle as profits are taken. Price is trying to stabilize around the EMA 7 average at 0.08341. The RSI is declining toward 62.13, falling back from higher overbought zones. The account-ratio indicators favor the buy side (Long 72.39%), which requires caution regarding additional volatility before a return to the uptrend.
⚠️ Recommendation: It’s best to avoid opening a direct position during the current decline and wait for the price to stabilize above the nearby support level (EMA 7), with a reversal candle forming before entering the trade.
#MYX #MYXUSDT #Binance #Crypto #تحليل_فني📊 i #LONG