$MYX USDT quit accumulation or a trap?
after a strong dump from 0.28 to 0.22, price is now slowly grinding up and reclaiming the 0.245 zone.
WHAT I am seeing:
Down trend now turning into range accumulation.
Higher Low forming (bullish sighn )
Sudden spike = Liquidity grab
Key Level:
0.25 = make or break
Scenari 1( Bullish):
Break and hold above 0.25 - momentum
push toward 0.26+
Scenario 2 (bearish)
rejecting from 0.25 back to 0.22 rang.
Now this look like Smart money positioning
before a move.
are we about to see a breakout or a more dump share your opinion thanks.