$MYX cooling off after a sharp rebound — now comes the real test
Trade :
Long: ~5.90–6.00
SL: below 5.60
TP: 6.40 → 6.90
TP2: 7.50 ( if structure holds )
$MYX already did the hard part — it defended the 4.8–5.0 base, swept stops, and bounced clean. That move wasn’t random. Buyers showed up with intent.
Now price is sitting just under prior supply around 6.2–6.3, chopping instead of rejecting hard. That’s important.
What I like here:
Higher low formed after the bounce
Pullbacks are shallow, no aggressive selling
Holding above short-term support instead of dumping back
As long as 5.6 holds, this looks more like consolidation before continuation, not a dead bounce.
If 6.3 gets accepted, momentum can expand fast again.
Lose 5.6, and this turns into range work.
For now, bulls still have the ball — just need follow-through.@Sam catching real moves
