MYXUSDT is breaking out of a well-defined symmetrical triangle on the 4-hour timeframe, after weeks of consolidation between tightening trendlines. The breakout is occurring just above a high-volume node, as shown on the right-side volume profile, which now acts as a strong demand zone and potential support for continuation.
Price is currently holding above the breakout level ($0.105), with solid momentum and improving volume, indicating a potential trend expansion toward the projected target zone near $0.35.
Cheers
Hexa
Price is currently holding above the breakout level ($0.105), with solid momentum and improving volume, indicating a potential trend expansion toward the projected target zone near $0.35.
Cheers
Hexa
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🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.