$MYX is showing signs of bearish continuation after a failed distribution top. A strong rejection from 5.20 led to an impulsive sell-off towards 4.56, confirming a breakdown of the prior bullish structure.

Price action remains firmly below the EMA25 and EMA99 on the 15-minute chart. This indicates that sellers are in firm control, despite any minor bounces observed.

🎯 Entry zone: SHORT 4.75 – 4.90

TP1 4.55
TP2 4.30
TP3 4.00

🛑 Stop Loss: 5.05

Our bias remains bearish as long as the price is capped below 4.95. Traders should favor selling into pullbacks rather than attempting to chase weak rebounds.

#MYX #MYXUSDT #Bearish

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(MYXUSDT)