MYX's recent performance has attracted the attention of many traders. The price has already touched the previously set take-profit zone at $5.1-$5.3. However, from the intraday chart, after an upward push, there has been a pullback, and the MA60 moving average (around $5.557) is forming resistance. In this situation, partial take-profit becomes a popular choice.

What are the specific steps? The first step could be to sell 30%-50% of the position at the $5.5-$5.6 level to lock in the gains already achieved. If the price can break through the 24-hour high of $5.878, there is a chance to look towards $6.0. The remaining position can follow the trailing stop-loss, raising the stop-loss to $5.7, so that there is both room for upward movement and protection of profits.

Of course, if the price does not reach the target and pulls back to $5.3-$5.4 and stabilizes, there is no need to rush to exit. Patience and waiting for a second surge could also be a good approach.

Stop-loss should also be carefully considered. For positions that have already gained profits, move the stop-loss up to $5.2 (a key support level intraday). If it falls below, sell the remaining holdings to prevent profits from being wiped out. If you initially bought at a high price and are in a loss, set the stop-loss at $5.0 (note that the 24-hour low is $4.901). If it drops below, decisively cut losses to avoid being caught in a deeper decline.

Cryptocurrency markets are highly volatile, and the above ideas are just for reference. The specific actions should be based on your own risk tolerance.