🔥 $MYX USDT PERP – Momentum Breakout Play 🚀
📊 Chart Insight:
Strong impulsive breakout from consolidation with volume expansion. Price pushed above all key MAs (7/25/99) and is now doing a healthy pullback after spike, not a breakdown.
📈 Trade Setup (ONE SCENARIO):
Entry: 5.35 – 5.45 (pullback zone)
Stop Loss: 5.05 (below breakout base)
Targets:
🎯 TP1: 5.85
🎯 TP2: 6.20
🎯 TP3: 6.60
⚡ Bias: Momentum continuation as long as price holds above breakout support.
📌 Invalidation: Clean breakdown below 5.05 = setup fails.
💥 Risk Management is key. Don’t FOMO, wait for pullback confirmation.