The chart for $MYX /USDT perpetual on Binance shows a sharp correction after a strong run-up, with price now at 2.078 — down -16.88% in the last 24 hours (from high of 2.5688 to low of 2.011). Volume remains solid at ~29M USDT / 12.79M MYX, indicating active participation even in the dip.
Key indicators scream oversold conditions and potential reversal setup:
Bollinger Bands: Price hugging the lower band (DN ~2.1076), with middle band way above — classic oversold squeeze setup.
Stochastic (K:9.9352, D:23.7438, J:-17.6819) deeply oversold, J-line extremely negative — strong buy signal on rebound.
RSI(6): 12.0089 / RSI(14): 26.8537 — both in deep oversold territory (<30), RSI(6) ultra-low at ~12 — historically primes explosive bounces in altcoins.
This looks like a high-conviction long opportunity after heavy liquidation flush. Momentum could shift fast if buyers defend ~2.00–2.01 zone.
🚀 TRADE ALERT: LONG $MYX /USDT NOW!
Enter around current levels ~2.078–2.10
🎯 Take Profit 1: 2.40 (+15%)
🎯 Take Profit 2: 2.70 (+30%)
🎯 Take Profit 3: 3.00+ (next major resistance)
🛑 Stop Loss: 1.95 (below recent low for protection)
Don't miss this potential reversal — $MYX has strong fundamentals as a leading perp DEX token with growing adoption. Risk management is key, trade smart! 💥
Follow & turn 🔔 on for more high-probability setups! ✅ Trade or miss out? Your call.
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