After our first short setup, MYX delivered a quick and clean 40% drop, validating the overextended structure. Now, price action has formed a clear double top pattern, signaling further weakness and potential trend reversal.
MYX is likely setting up for another sharp leg down. This next move could target 40–45% downside initially, with potential to extend toward a 60% correction from current levels.
MYX is likely setting up for another sharp leg down. This next move could target 40–45% downside initially, with potential to extend toward a 60% correction from current levels.
Trade closed manually
for now closed at entry will activate it once give more confirmation🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
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🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.