$MYX Current Price: $0.871
Weekly structure: Bearish bias below $1.00
Since you’re trading futures, risk control is critical — this pair shows sharp pumps and heavy dumps.
🔴 Primary Setup – Short Bias (Higher Probability)
Entry Zone:
$0.92 – $0.98 (pullback toward broken support)
Stop Loss:
$1.12
Targets:
• TP1: $0.75
• TP2: $0.65
• TP3: $0.55
📌 R:R ratio approx 1:3+ if entry near $0.95
Bias remains bearish while price stays below $1.00 – $1.05
🟢 Alternative Setup – Breakout Long (Confirmation Required)
ONLY if strong 4H close above $1.15
Entry:
$1.16 – $1.20
Stop:
$0.98
Targets:
• TP1: $1.40
• TP2: $1.80
• TP3: $2.20
This scenario has lower probability unless volume expansion confirms.
⚠️ Leverage Guidance
• Safe: 3x–5x
• Aggressive: 10x (only with strict stop)
• Never risk more than 2–3% of capital per trade.
Expert Conclusion:
Current structure favors short-side opportunities on relief bounces.
Avoid chasing breakdown candles — wait for pullback entries.