The past three days have been historic for MYX, with the token surging over +1500%, marking one of its most explosive moves to date. However, such parabolic rallies rarely sustain without a significant correction, and early signs of buyer exhaustion and weakness are emerging at the current zone.
With volume tapering off and momentum showing divergence, the setup favors a 40–50% correction to reset structure and allow for healthier continuation later
With volume tapering off and momentum showing divergence, the setup favors a 40–50% correction to reset structure and allow for healthier continuation later
Note
while writing price dropped waiting for targets 🧠 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.