This pump is screaming exhaustion. Don't be the exit liquidity.

$MYX /USDT Perp — Blow-Off Top at Resistance 🎆

Up +15% and tagging the upper Bollinger Band/EMA(99) confluence. The move is vertical and on declining volume—a classic exhaustion pattern. This is a perpetual contract; longs are about to take profits and flip funding negative.

🔴 SHORT SETUP

📌 Entry Zone:

5.60 – 5.70

🎯 Targets:

🥇 TP1: 5.25 (EMA 7)

🥈 TP2: 5.00

🥉 TP3: 4.80

🛑 Stop-Loss:

5.78 (Above the 24h High and parabolic structure)

Why This Could Work (trader logic only)

✅ Parabolic Exhaustion: The rally is too steep to sustain. A sharp mean reversion is imminent.

✅ Technical Confluence Resistance: Price is at the upper Bollinger Band and key moving average.

✅ Perp Market Mechanics: High funding rates will encourage profit-taking, adding natural sell pressure.

⚠️ Important Rule:

Wait for a clear reversal candle (like a shooting star or bearish engulfing) in the zone. A break above 5.78 could trigger a liquidity hunt and extend the pump. This is a high-risk fade of an emotional move. Size small and use a tight stop.