🔥 $MYX About to PLUMMET? 📉
Short Scalp Entry Zone: 5.05 – 5.25
TP1: 4.80
TP2: 4.55
Stop Loss: 5.45
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Book partial at TP1 and move stop to entry
$MYX is confirming bearish momentum after a decisive rejection from the 5.20–5.30 resistance. Price action is currently underperforming, trading below key moving averages with diminishing volume. 📉 This isn’t accumulation; it’s a clear signal of weakness. The recent bounce? Purely corrective.
Sellers are firmly in control as long as $MYX remains beneath the 5.15–5.25 supply zone – use any rallies into this area to initiate quick short scalps. A break below 4.90 will likely accelerate the decline towards lower support levels. Only a sustained move above 5.30 would negate this bearish outlook. 🐻
#MYX #ShortScalp #CryptoTrading #Bearish 🚀
