⚡ INSANE VOLATILITY WARNING! | MYX/USDT
$MYX has surged toward the $0.093 supply area after sweeping local sell-side liquidity. On lower timeframes (15m/1H), price action is showing signs of exhaustion near resistance with a fresh bearish Fair Value Gap (FVG) forming—setting up a quick intraday short scalp back down to demand levels! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.0910 - $0.0940
🔹 Stop Loss (SL): $0.0985 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.0840
• TP2: $0.0760
• TP3: $0.0680
📌 Trade Logic: Price tapped the local $0.093 liquidity zone and confirmed a lower timeframe Market Structure Shift (MSS). Looking for a pullback toward internal sell-side liquidity pools below.
⚠️ Risk Management: Highly volatile token! Use strict risk management and do not risk more than 1% of your portfolio on this trade.
Are you shorting $MYX here or waiting for lower confirmation? Let me know below! 👇
#MYX #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Because low-cap tokens can experience rapid price spikes, wait for a confirmed 15m bearish candle close before entering your position.
$MYX has surged toward the $0.093 supply area after sweeping local sell-side liquidity. On lower timeframes (15m/1H), price action is showing signs of exhaustion near resistance with a fresh bearish Fair Value Gap (FVG) forming—setting up a quick intraday short scalp back down to demand levels! 📉
🔹 Direction: Short (Sell)
🔹 Entry Zone: $0.0910 - $0.0940
🔹 Stop Loss (SL): $0.0985 (Strict SL required)
🔹 Take Profit (TP):
• TP1: $0.0840
• TP2: $0.0760
• TP3: $0.0680
📌 Trade Logic: Price tapped the local $0.093 liquidity zone and confirmed a lower timeframe Market Structure Shift (MSS). Looking for a pullback toward internal sell-side liquidity pools below.
⚠️ Risk Management: Highly volatile token! Use strict risk management and do not risk more than 1% of your portfolio on this trade.
Are you shorting $MYX here or waiting for lower confirmation? Let me know below! 👇
#MYX #CryptoTrading #BinanceSquare #Foreheadburns #TradingSetup
💡 Suggestion: Because low-cap tokens can experience rapid price spikes, wait for a confirmed 15m bearish candle close before entering your position.
