$MYX Long Or Short? Chart Analysis!
MYXUSDT
Διην.
1.131
-31.57%
$MYX price is near $1.51 after a big 23% fall. The chart shows a clear downtrend — price keeps making lower highs and lower lows. This means sellers are stronger than buyers right now.
The moving averages are all pointing down, which usually means the price can continue falling.
RSI is very low, so the coin is oversold. This can cause a small bounce up, but it does not mean the trend has changed yet.
What to Do
Better Option: SHORT
Long is risky unless the price goes back above $1.65 – $1.70 with strong buying volume.
Possible short targets: $1.45 to $1.40
In simple words: the trend is still down, so short is safer, but be careful of small quick bounces up.