$MYX/USDT SHORT TRADE SETUP
$MYX is currently trading at 5.538, following a rejection at the local resistance of 5.746. Despite a recent intraday bounce of +12.88%, the overall structure remains precarious as the price struggles to maintain momentum after a sharp reversal from its daily highs. The price action on the 15m chart shows a series of lower highs, with a significant liquidity sweep observed earlier at the 5.120 level. Technical indicators suggest that the current recovery may be a "dead cat bounce," as the asset faces heavy selling pressure near the 5.640 zone. With the broader market sentiment showing signs of exhaustion and protocol revenue lagging behind valuation, a continuation of the bearish trend is highly probable.
Target Points
TP1: 5.364 (Nivel de suport imediat aproape de consolidarea recentă)
TP2: 5.226 (Zonă de suport secundară bazată pe minimele pivote locale)
TP3: 5.088 (Obiectiv extins testând podeaua psihologică majoră)
Stop Loss
Setați stop loss deasupra 5.778 pentru a vă proteja împotriva unei spargeri deasupra vârfului local recent și pentru a gestiona riscul în perioade de volatilitate ridicată.
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