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MYX / Tether USD PERPETUAL CONTRACTMYX / Tether USD PERPETUAL CONTRACTMYX / Tether USD PERPETUAL CONTRACT

MYX / Tether USD PERPETUAL CONTRACT

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MYXUSDT.P trade ideas

MYX / USDTBITGET:MYXUSDT ### ⚠️ MYXUSDT Technical Overview – 3H Chart --- ### 📍 **Price at Analysis:** \~0.1004 USDT 🔻 -3.35% on the current 3-hour candle --- ### 🔼 **Resistance Zones:** 1. **0.128 – 0.145 USDT (Red Zone):** * Price was sharply rejected here twice. * Aligns with **downtrend resistance line**. * Strong sell pressure. 2. **Trendline Resistance (Red Diagonal):** * Bearish structure still intact. * Lower highs forming consistently. * Price must break this trendline + red zone for a reversal confirmation. --- ### 🔽 **Support Zones:** 1. **0.0875 USDT** * Labeled “Not clear Support” — suggests minor or uncertain buying interest. * Still acting as a reaction level. 2. **0.0700 – 0.0660 USDT (Yellow Zone):** * Valid historical support, reacted strongly before. * Possible bounce area if price breaks below 0.0875. 3. **0.0460 USDT (Blue Line):** * Strong, deeper support. * Acts as a **last-stand** zone before major drop continuation. --- ### 🔍 **Chart Summary (Human Tone):** MYXUSDT is clearly in a **downtrend**, facing strong selling near the red zone. The recent bounce lost momentum right at the trendline. Unless bulls break above 0.13 with volume, risk remains high. Support near 0.0875 is weak, so if price fails there, **downside toward 0.0660 or lower** is possible. --- > **Disclaimer:** *This is not financial advice. Chart analysis is for educational and informational purposes only. DYOR (Do Your Own Research).*
BITGET:MYXUSDT
by Wolftrader1337