📉 $MYX — Relief Bounce Into Supply

$MYX pushed higher briefly, but the move is already showing signs of exhaustion. Price reacted quickly on the first test of the upper zone, and selling pressure stepped in — suggesting the bounce may only be corrective.

Momentum is beginning to roll over again, and buyers are struggling to gain acceptance above this area. If this zone continues to act as supply, downside continuation becomes the more likely scenario.

🔻 Trade Plan — Short $MYX

Entry Zone: 0.82 – 0.84

Stop Loss: 0.90

Targets:

🎯 TP1: 0.75

🎯 TP2: 0.68

🎯 TP3: 0.60

As long as price remains capped below the supply zone, the structure favors further downside toward the next liquidity areas.

Trade $MYX 👇🏻

MYXUSDT

Perp

0.567

-21.68%