$MYX — Price extremely extended, short setup

Entry: 1.749 🟩

Target 1: 1.400 🎯

Target 2: 1.000 🎯

Stop Loss: 1.950 🛑

ANALYSIS —

Price has printed a massive impulsive rally (+90% move) and is now trading into a premium/overextended zone. Such vertical expansions often lead to sharp corrective pullbacks due to profit-taking and liquidity grabs above highs.

With price stretched far from the base demand zone, a corrective retracement toward 1.400 is highly probable, and deeper continuation toward 1.000 cannot be ruled out if momentum shifts bearish.

Wait for clear bearish confirmation before entering to avoid getting trapped in continuation volatility.

Trade Here 👇 $MYX

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