$MYX Price exploded higher in a single impulse and is now consolidating near the highs. This type of vertical move often leads to distribution rather than continuation.
Liquidity was taken aggressively above prior structure, and follow-through buying is slowing. Sellers are likely positioning into this range.
Support and resistance are clearly defined.
Upside resistance sits at 6.40–7.30 where rejection previously occurred.
Downside support lies at 5.10–4.60 if price unwinds.
Structure favors a pullback.
Short Trade Signal
Margin: 20x – 50x (Cross)
Entry 1: 6.40
Entry 2: 7.30
TP1: 5.10
TP2: 4.60
SL: 7.80
Short
#MYX Here 👇🏻👇🏻