⚡ $MYX — 🩸 Short ⚡— BEARISH REJECTION: RESISTANCE HOLDS AMID V2 TRANSITION! 🚀
Entry: 0.541
TP: 0.473
SL: 0.573
Buy and Trade #MYX here 👇🏻
MYXUSDT
Perp
0.26
+2.68%
Insight ⚡
#MYX is respecting a clear bearish structure after failing to reclaim the $0.57 resistance level.
This setup captures a trend continuation entry as the protocol undergoes a modular settlement upgrade.
Price remains below the critical pivot zone, fueled by a 91% drop in the last 30 days and intense sell pressure.
Rejection of higher prices with a volume-backed collapse to $0.44 indicates the bounce was a "dead cat" move.
As long as the current 0.573 ceiling holds, the path of least resistance leads to 0.473.
Risk is controlled. Structure is Bearish. Patience is key.