$MYX The chart shows clear distribution after the $18.65 t
Cas Abbé
Updated at: 2 hours ago
{"content":"$MYX
The chart shows clear distribution after the $18.65 top, and sellers are still in control on the 4H.
Short setup
• Entry: $12.20 – $12.50 (wick rejections)
• Target 1: $11.40
• Target 2: $10.60
• Target 3: $9.90
• Stop-loss: $13.30
• Invalidation: A 4H close above $13.50
Analysis:
The parabolic rally to $18+ has fully unwound, and $MYX is showing no signs of reclaiming strength yet. Unless bulls defend the $11.9–12.0 area with strong bounce volume, the path of least resistance remains lower.
If $11.90 breaks clean, expect continuation toward the sub-$10 liquidity zone.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/19/c38c9d7ab05c4a87ac316fbab8e52708.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}