đ MYX / USDT â 1D
$MYX is trading around $1.22 after a strong move down, and my focus is on the retracement back toward the $4.00 area, which aligns with the 0.5â0.618 Fibonacci levels. Thatâs the zone Iâm waiting for to position into a sell.
Here are the key levels Iâm watching out for:
Current price: around $1.22
Retracement zone: $4.00 (0.5â0.618 Fib area)
Downside target: back toward the lower range once rejection confirms
My plan is straightforward:
I want MYX to retrace into the $4.00 zone, show weakness, and then Iâll look for a sell setup. No reaction, no trade â Iâm only interested in selling into strength at my level.