My 📉 $MYX USDT SHORT SIGNAL: Trend is Your Friend!@Mishukm Let's Earn Together 🤝🤝🤝👇👇👇
$MYX is under heavy selling pressure as it breaks below key support levels. Despite extreme oversold readings on the RSI, the absence of a strong buyer response at the $1.00 mark suggests there is still room for further downside toward historical lows.
📊 Trade Setup
Direction: SHORT 🔴
Leverage: Isolated 10x
Entry Price: $1.02700
🎯 Take Profit Targets
TP1: $0.9420 (Test of recent local low)
TP2: $0.8850 (Intermediate support extension)
TP3: $0.7180 (Major yearly bearish target)
🛡 Stop Loss
SL: $1.1500
Rationale: This level sits above the recent consolidation zone. A move back above $1.15 would signal a potential trend reversal or a relief rally, invalidating the short-term bearish thesis.
⚡️ Pro Tip: You have already captured significant gains! Since the token is at a critical juncture, consider trailing your Stop Loss to $1.00 to lock in profits while letting the rest of the position run.
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