🔍 $MYXUSDT (Perp) – Bearish or Reversal Incoming?
After dropping from 1.82 → 1.05, MYX is attempting a short-term bounce on 15M.
📊 Current Structure: • Clear downtrend (lower highs & lower lows)
• Price hovering near 1.13–1.14
• RSI neutral (~48)
• MACD slightly curling up
⚠️ This looks more like consolidation than a confirmed reversal.
🔑 Key Levels: • 1.18–1.20 = Major resistance (EMA zone)
• 1.05 = Strong support
Break below 1.05 → Bearish continuation
Reclaim 1.20 with strength → Momentum shift possible
For now, trend is still weak. Waiting for confirmation is safer than guessing.
What’s your bias? 👇#MYX