🚨Watching $MYX at 4.8… support must hold🚨
MYX is currently sitting around 4.83, a major support zone that has been holding price multiple times.
🔎 What’s happening?
Strong impulsive move earlier → followed by consolidation
Price is respecting the 4.7–4.8 support area
Selling pressure is weakening near support
📈 Bullish Scenario:
If this level holds and buyers step in, we could see a bounce toward:
5.5 – 5.8 (first resistance)
Break above = continuation upside
📉 Bearish Scenario:
If support fails:
Possible drop toward 4.0 – 3.6 demand zone
That area becomes the next strong buy-interest region
⚠️ Trade Smart:
Wait for confirmation (volume + candle close)
Don’t chase breakouts
Always use a stop-loss
💡 Bias: Neutral → Bullish as long as 4.7 holds
MYXUSDT
Perp
0.2195
-1.30%