$MYX : Screaming Exhaustion on the 4H
Short - Trade here đđđ$MYX
Entry Zone: $0.3258 â $0.3294
Stop Loss: $0.3438
TP1: $0.3142
TP2: $0.3065
TP3: $0.2942
$MYX is flashing major exhaustion signals despite the retail calls for a technical bounce. While some are looking for a recovery, the 4H structure is currently a textbook bear flag setup with 95% confidence in a downward resolution. The daily trend remains firmly bearish, following the recent $9.6M token unlock that has left a significant overhang of supply. Intraday, the 15m RSI peaked at a staggering 77.52, marking an overbought pump that is perfectly ripe for a reversal entry. With key resistance holding firm at $0.34 and broader market sentiment leaning toward Fear, this looks like the last gasp before a flush toward the $0.30 support.
Please refer to this signal from Dash Signal Square. this is not investment advice.