$MYX is showing a massive spike followed by a sharp correction, now stabilizing into a potential base formation.

$MYX – LONG

Entry Zone: 0.31 – 0.35

Stop Loss: 0.27

Take Profit 1: 0.40

Take Profit 2: 0.48

Take Profit 3: 0.58

Why this setup

Price has delivered a strong impulsive rally, reflecting high demand and aggressive buying pressure. After the spike, a controlled pullback has formed a base with higher lows, suggesting stabilization after volatility.

This type of structure often leads to continuation moves if momentum returns. If price holds the current support zone, there is potential for another push toward previous highs and further expansion.