Funding fee is huge, no option to keep the trade
Publier
MissBlockChain_01
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🔻 $MYX USDT BEARISH REVERSAL – TIME TO SHORT!
After a sharp vertical breakout to $2.41, $MYX has faced heavy rejection and is now showing clear signs of exhaustion. Sellers have stepped in strongly, pushing the price back toward support. Momentum is shifting fast, setting up a prime short opportunity.
📊 Trade Setup (Short)
Entry Zone: $2.12 – $2.13
Target 1: $2.00
Target 2: $1.90
Target 3: $1.85
Stop Loss: $2.33
🌍 Market Outlook
The aggressive pullback signals a bearish reversal after overextension. With high sell-side pressure (70% dominance in order book) and rejection near the highs, bears are in control. Unless bulls reclaim $2.30+, downside continuation looks highly likely in the short term.
#RiskManagement #Altseason #MYXUSDT #CryptoTrading #MarketTurbulence
After a sharp vertical breakout to $2.41, $MYX has faced heavy rejection and is now showing clear signs of exhaustion. Sellers have stepped in strongly, pushing the price back toward support. Momentum is shifting fast, setting up a prime short opportunity.
📊 Trade Setup (Short)
Entry Zone: $2.12 – $2.13
Target 1: $2.00
Target 2: $1.90
Target 3: $1.85
Stop Loss: $2.33
🌍 Market Outlook
The aggressive pullback signals a bearish reversal after overextension. With high sell-side pressure (70% dominance in order book) and rejection near the highs, bears are in control. Unless bulls reclaim $2.30+, downside continuation looks highly likely in the short term.
#RiskManagement #Altseason #MYXUSDT #CryptoTrading #MarketTurbulence
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