$MYX Short 10x | Enter the order zone with precision, avoiding impulsive decisions.
MYX is approaching a critical supply zone, marking a pivotal moment to validate the trade. Clear invalidation levels will guide the market on whether this setup still holds its thesis.
Scenario map:
- Entry zone: 0.07484 – 0.07504
- TP1 / first reaction: 0.07421 (R:R 1:0.7)
- TP2 / continuation zone: 0.07372 (R:R 1:1.2)
- TP3 / expanded target: 0.07298 (R:R 1:2.0)
- Risk level: 0.07592
Why this setup?
- The strategy remains unchanged while the 4h timeframe structure and the daily downtrend are currently reacting around 0.07484–0.07504.
- The 15m RSI at 54 suggests the sellers may continue pushing price lower, as long as this zone holds.
- Volume analysis supports this reaction, indicating the 4.00x level with 127.22K versus 31.81K expected.
MYX is approaching a critical supply zone, marking a pivotal moment to validate the trade. Clear invalidation levels will guide the market on whether this setup still holds its thesis.
Scenario map:
- Entry zone: 0.07484 – 0.07504
- TP1 / first reaction: 0.07421 (R:R 1:0.7)
- TP2 / continuation zone: 0.07372 (R:R 1:1.2)
- TP3 / expanded target: 0.07298 (R:R 1:2.0)
- Risk level: 0.07592
Why this setup?
- The strategy remains unchanged while the 4h timeframe structure and the daily downtrend are currently reacting around 0.07484–0.07504.
- The 15m RSI at 54 suggests the sellers may continue pushing price lower, as long as this zone holds.
- Volume analysis supports this reaction, indicating the 4.00x level with 127.22K versus 31.81K expected.
