$MYX Short Liquidation Update

Short positions totaling $3.3605K were liquidated at $5.99022, indicating strong buy-side pressure and forcing bearish exits.

Market Structure

Price is holding above the liquidation zone, showing acceptance at higher levels. This behavior supports a bullish continuation setup if momentum remains intact.

Key Levels

Support: $5.95 – $5.70

Resistance: $6.25 → $6.65

Bullish Trade Setup

Entry: Break and hold above $6.25, or a controlled pullback holding above $5.95

Targets:

TP1: $6.65

TP2: $7.20

Stop Loss: Below $5.55

Market Sentiment

The short squeeze shifted short-term control to buyers. With sellers cleared and structure holding, pullbacks are likely to be absorbed rather than sold.

Bullish bias remains active while price holds support and volume confirms upside continuation.

#WriteToEarnUpgrade #USTradeDeficitShrink #USNonFarmPayrollReport #StrategyBTCPurchase #BNBChainEcosystemRally