$MYX Analysis: Bottom is In? Base Formation & Bounce Setup! 📈🚀
After a heavy correction, $MYX is finally stabilizing and forming a solid accumulation base. The selling pressure has exhausted, and we are seeing bullish divergence on the lower timeframes, signaling a potential relief bounce.
Long Setup Strategy:
Entry Zone: 1.95 – 2.08
Stop Loss (SL): 1.78 (Strictly follow for risk management)
Take Profit Targets:
TP1: 2.30 🎯
TP2: 2.65 🎯
TP3: 3.10 🚀
Technical Logic: The price is holding firm above the recent swing low, creating a "Double Bottom" structure. If the volume picks up, we could see a rapid move towards the $3.00 level.
Risk Warning: High volatility expected. Manage your leverage and margin carefully. This is not financial advice. DYOR!
Are you buying the $MYX dip or waiting for more confirmation? Drop your thoughts below! 👇
#MYX #CryptoTrading #BinanceSquare #MarketRebound #BullishReversal
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