Technical Analysis: MYX/USDT
Current Price Zone: Hovering around 0.097
Chart Structure: (Based on current visible price action)
---
โ Your Setup Breakdown
๐ Entry: Long below 0.097
Comment: 0.097 looks like a support zone where buyers have stepped in before. If it holds and shows a reversal (e.g., bullish engulfing, hammer, etc.), a long is valid.
๐ Watch for a strong bullish candle before entering.
๐ Leverage: 5xโ10x
Comment: Fine if you're scalping or short-term swing, but tight stop-loss is critical due to small price movements and high volatility.
๐ข Take Profits:
TP Level Comment
0.108 First resistance. Realistic TP1 โ
0.115 Stronger resistance โ TP2 if momentum continues
0.120 Major supply zone โ price may reject here sharply
---
๐ Recommended Stop-Loss (Essential)
Put a tight SL below 0.094 or recent swing low, depending on candle structure.
This will protect you from false breakdowns.
