$MPLX 25X RALLY AGAIN OR A MASSIVE CORRECTION FIRST?
#MPLX has already corrected approximately 98% from its October 2024 high, bottomed at $0.0148 in June 2026, and rallied nearly 800% to $0.1328.
My Technical Analysis:
🔹 Major Resistance: $0.10
🔹 My Entry Zone: $0.058–$0.042
🔹 Expected Retracement Scenario: 40%–70%
🔹 Invalidation: Weekly close below $0.040
🔹 Macro Target: $1.10
The previous bullish divergence triggered an extraordinary 25X rally. Now, another bullish divergence has formed. Could history repeat itself?
I’m NOT chasing the current pump. FOMO is high, and the risk-to-reward at current levels is less attractive. I’m waiting for a potential retracement into my entry zone and confirmation that support holds.
If MPLX/USDT reclaims $0.10 with a confirmed higher-timeframe close and sustains the breakout, the bullish continuation scenario strengthens.
PATIENCE OVER FOMO. I’M WAITING FOR THE DIP!
Can $MPLX deliver another 25X rally? 👇
NFA & ALWAYS DYOR
#MPLX has already corrected approximately 98% from its October 2024 high, bottomed at $0.0148 in June 2026, and rallied nearly 800% to $0.1328.
My Technical Analysis:
🔹 Major Resistance: $0.10
🔹 My Entry Zone: $0.058–$0.042
🔹 Expected Retracement Scenario: 40%–70%
🔹 Invalidation: Weekly close below $0.040
🔹 Macro Target: $1.10
The previous bullish divergence triggered an extraordinary 25X rally. Now, another bullish divergence has formed. Could history repeat itself?
I’m NOT chasing the current pump. FOMO is high, and the risk-to-reward at current levels is less attractive. I’m waiting for a potential retracement into my entry zone and confirmation that support holds.
If MPLX/USDT reclaims $0.10 with a confirmed higher-timeframe close and sustains the breakout, the bullish continuation scenario strengthens.
PATIENCE OVER FOMO. I’M WAITING FOR THE DIP!
Can $MPLX deliver another 25X rally? 👇
NFA & ALWAYS DYOR