$MYX 🚀 $MYX: The Sleeping Giant Awakes? | Full Technical Breakdown 📈
The chart doesn't lie—after a period of heavy consolidation, $MYX is finally flashing signs of a major trend reversal! We’ve seen a sharp bounce from the $0.80 floor, and the bulls are now aggressively challenging the $1.00 psychological resistance.
📊 The Setup
Current Price: ~$1.018 (+22.21%)
Key Support: Holding strong at $0.95 - $0.96. This zone is crucial; as long as we stay above this, the bullish structure remains intact.
Resistance: $1.02 is the immediate hurdle. A clean break here opens the doors to $1.20+.
💡 Why the Hype?
V2 Momentum: With the MYX V2 launch on the horizon and massive backing from Consensys, the fundamentals are aligning with the technicals.
Oversold Bounce: We’ve survived the "brutal flush." RSI is climbing out of the depths, suggesting that the "weak hands" have been shaken out.
Volume Surge: Trading volume is picking up, showing that big players are stepping back in at these value levels.
🎯 My Trading Plan
Bullish Entry: Looking for a successful retest of $1.00 as support.
Target 1: $1.15 (Short-term scalp)
Target 2: $1.30 (Swing target)
Stop Loss: Tight SL below $0.94 to manage risk.
⚠️ Reminder: High volatility means high risk. $MYX is moving fast—don't FOMO at the top of a candle. Wait for the retest!
What’s your move? Are you Long 🟢 or Short 🔴? Let me know in the comments! 👇
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