$MYX has just made a violent rejection from $0.0900 and dumped to around $0.0632.
Best setup right now: SHORT on a bounce, not chase the dump.
Entry Zone: $0.0688 – $0.0701
SL: $0.0742
TP1: $0.0660
TP2: $0.0632
TP3: $0.0600
Why: The $0.0700 area is now the key resistance/retest zone. If price rejects there, bearish continuation is favored. A strong reclaim above $0.0742 invalidates this short idea.
Risk: Extremely high volatility after the liquidation-style candle, so keep leverage and position size controlled.
Best setup right now: SHORT on a bounce, not chase the dump.
Entry Zone: $0.0688 – $0.0701
SL: $0.0742
TP1: $0.0660
TP2: $0.0632
TP3: $0.0600
Why: The $0.0700 area is now the key resistance/retest zone. If price rejects there, bearish continuation is favored. A strong reclaim above $0.0742 invalidates this short idea.
Risk: Extremely high volatility after the liquidation-style candle, so keep leverage and position size controlled.