🚀 $MYX /USDT Bullish Surge: Next Stop $7.20? + TRADE SIGNAL! 🚀
The momentum on $MYX is becoming impossible to ignore! Looking at the daily chart, we are seeing a massive +14.26% jump today, with the price currently sitting at $6.667. After a period of consolidation, the bulls have officially taken the steering wheel.
📊 Key Technical Insights:
Bollinger Bands: Price is hugging the Upper Band ($6.37), signaling a strong impulsive trend.
RSI (6): Currently at 76.89. While in overbought territory, this reflects intense buying pressure that often leads to a parabolic run before a major cool-off.
L.S Ratio: Longs are dominating at 60.68%, showing high retail and institutional confidence.
MACD: A clear bullish crossover is developing, suggesting the trend has room to breathe.
🎯 TRADE FORECAST: LONG POSITION
Based on the breakout above the $6.40 resistance, here is the setup:
Entry Zone: $6.60 - $6.68
Take Profit 1: $7.15 (Recent high resistance)
Take Profit 2: $7.50 (Psychological level)
Stop Loss: $5.85 (Below the Middle Bollinger Band)
Trade or buy $MYX / $USDT Now! Follow & turn 🔔 on for daily alpha! ✅
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