🚨 While some expect $MYX to stabilize, the structure suggests continued weakness with downside pressure still active.
📉 $MYX – SHORT 🔴
🎯 Trade Plan:
📊 Entry: 0.041 – 0.045
🛑 SL: 0.050
🎯 TP1: 0.035
🎯 TP2: 0.030
🎯 TP3: 0.025
⚡ Why this setup?
$MYX is showing a weak bounce after a downtrend, with price struggling near resistance and forming lower highs. The move up lacks strength, indicating a relief rally rather than reversal.
Structure: Lower highs → bearish trend intact
Momentum: Slow → no strong buyers
Price Action: Rejection near resistance
This suggests a continuation to downside is likely.
🧠 Conditions to Watch:
👉 Bearish Confirmation:
Rejection from 0.043–0.045 zone
Lower high formation
Increasing selling pressure
👉 Invalidation (Bullish Case):
Strong breakout above 0.050 + hold
Higher high structure
Strong buying momentum
👉 Market Context:
Weak BTC = stronger downside
Strong BTC = possible squeeze
🤔 Debate:
Is this just a pause before another drop, or can buyers regain control?
🌍 Click below for trade 👇🏻 🚀
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