📉 MYX/USDT Perp Technical Analysis, Price Prediction and Trade Plan

$MYX

🗓️ Date: August 7, 2025

💰 Price: $1.53180 (-7.99%)

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🔍 Current Price Action

24h Range: $1.27025 (Low) → $2.17000 (High)

⚠️ ~70% swing = Extreme Volatility

Support Levels:

🟢 $1.532 (Current)

🟢 $1.270 (24h Low)

🟢 $0.910 (Chart Support)

Resistance Levels:

🔴 $1.540 (EMA7)

🔴 $1.818 (Chart Resistance)

🔴 $2.170 (24h High)

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📈 Indicator Breakdown

🧭 Moving Averages

EMA(7): $1.54039 → 🔻 Price below = short-term bearish pressure

EMA(25): $1.08242 → 🔼 Price above = medium-term bullish

EMA(99): $0.46007 → 🔼 Price far above = strong long-term uptrend

Conclusion: 🔻 Sharp short-term selloff vs 🔼 intact long-term bull trend

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💪 Momentum Indicators

RSI(6): 6.10 → 🟥 Extremely oversold

📌 Historical bounce probability >90% when RSI(6) <10

Stoch RSI: 3.45 (MA: 3.21) → 📉 One of the rarest oversold zones (<1%)

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📊 Volume

24h Volume: $3.62B → 🚨 Massive selling event

Current Vol: 15.8M vs 5-day Avg: 202.8M → 🔻 -92%

🧘 Capitulation zone = sellers exhausted

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🔮 MYX Price Prediction

⏱️ Short-Term (Next 24h)

Oversold momentum + low volume = bounce likely

🎯 Rebound Targets:

$1.540 (EMA7)

$1.600 (psychological)

$1.818 (resistance)

❗ Breakdown Risk:

Close <$1.270 → drop to $1.082 (EMA25)

Probability Forecast:

✅ 70% → Rebound to $1.60–$1.82

⚖️ 20% → Consolidation $1.27–$1.53

⛔ 10% → Crash to $1.082

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🕰️ Medium-Term (1 Week)

🛡️ Key Level: EMA(25) at $1.082 must hold

✅ Close >$1.818 would restore full bullish momentum

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💼 Trade Plan

✅ Scenario 1: Oversold Rebound (High Probability)

Entry Long: Now ($1.532–$1.535) or dip to $1.400

❌ SL: $1.265 (under 24h low)

🎯 TP1: $1.600

🎯 TP2: $1.818

🧮 R:R ≈ 1:5+

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⚠️ Scenario 2: Breakdown Continuation (Low Probability)

Entry Short: Break below $1.265 with rising volume

❌ SL: $1.300

🎯 TP: $1.082 (EMA25)

🧮 R:R ≈ 1:7

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🎯 Scenario 3: Aggressive Range Play

Entry Long: $1.270–$1.300 (support bounce)

❌ SL: $1.250

🎯 TP: $1.530–$1.540

🧮 R:R ≈ 1:8

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🛡️ Risk Management

💼 Max Risk: 0.5% capital (high-volatility asset)

✅ Key Confirmations:

RSI(6) >10 = 🔄 reversal begins

Volume spike >30M = 📈 credible breakdown

🚫 Avoid Trades If:

Price stalls $1.40–$1.53 (no momentum zone)

Volume <20M = 💤 no interest

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📌 Summary

MYX is in a capitulation phase — rare technical conditions suggest a bounce is imminent.

✅ Longs near $1.53 or $1.27 offer high-reward opportunities

⛔ Shorts only on breakdown of $1.265 with strong volume

📉 Extreme RSI (6.1) and Stoch RSI (3.4) = sellers exhausted

🔒 Use tight stops — hourly moves can exceed 10%

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🔄 Update Trade Bias If:

📈 RSI(6) crosses 15 → Reversal confirmed

✅ Price closes > $1.60 → Momentum reclaim

💥 Volume surges > 100M → Breakout potential activated

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📢 This is a high-risk, high-reward setup — monitor closely!

Trade From here 👉 $MYX

MYXUSDT

Löpande

0.72

-26.97%

🔔 Stay alert. Trade smart. Control risk.

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