🔥 $MYX – Bearish Structure Still Dominating!
$MYX is clearly respecting the strong descending trendline on the 4H timeframe. Every bounce is getting sold into, and the overall structure remains bearish. Price dropped aggressively from the 6.74 zone and kept forming lower highs and lower lows — classic downtrend behavior.
Even though we saw a small bounce from the 0.80 support area, it still sits under heavy trendline pressure. RSI is hovering near mid-level, showing there’s no real bullish strength yet. Unless we see a clean breakout and strong close above the trendline, sellers are still in control.
⚡ Bears are not done yet — trade smart, don’t fight the trend.