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$MYX showing a sharp rejection from recent highs, signaling a potential short term correction 📉
Short $MYX
Entry: 0.42 – 0.46
SL: 0.52
TP1: 0.340
TP2: 0.320
TP3: 0.280
TP4: 0.240
Why:
Price faced strong resistance near the $0.6288 level and printed a sharp bearish reversal on the 4H timeframe. The steep drop indicates aggressive profit-taking after an overextended rally. RSI has cooled significantly, and declining momentum suggests a pullback toward the MA25 and MA99 support zones.
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Trade $MYX here 👇
{future}(MYXUSDT)