/USDT: Momentum Breakout in Play! 🚀
$MYX is showing massive strength as it enters a high-volatility expansion phase. After reclaiming structural support, the price is now pushing into the 6.40 – 6.60 zone. If buyers maintain this pressure, we are looking at a classic momentum breakout toward new local highs.
🔍 Technical Analysis
Breakout Confirmation: The move above $6.35 has shifted the intraday bias from neutral to strongly bullish.
Volume Surge: We are seeing a significant uptick in buyer participation, suggesting that the current rally has "real legs" for a continuation play.
Trend Strength: As long as $MYX holds above the key pivot of $6.35, the path of least resistance remains upward.
🎯 The Trade Setup (LONG)
✅ Entry Zone: $6.40 – $6.60 (Accumulate on the breakout)
🚀 Target 1: $6.95 (Immediate Resistance)
🚀 Target 2: $7.40 (Trend Extension)
🚀 Target 3: $8.10 (Major Parabolic Target)
🛑 Stop Loss: $5.95 (Protecting capital below the base)
💡 Strategy: This is a momentum-based play. Watch for $MYX to hold above the breakout floor. If we see a 4H candle close above $6.70, the move to $7.40 could happen very quickly! 📈🔥
✍️ Written by: Nabiha Noor
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