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MYX Finance/Tether USD

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MYXUSDT trade ideas

MYXUSDT Triangle Breakout!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
Long
by HexaTrades
MYX/USDT Tightening Range – Big Move Loading Pair: MYX/USDT Timeframe: 6H Structure: Symmetrical consolidation and breakout watch MYX has been consolidating within a tightening structure, forming higher lows while repeatedly testing the descending resistance line. Price is now trading near the upper boundary and within a key supply zone, suggesting that a decisive move could be close. Bullish case: A confirmed breakout above 0.1100 with strong volume could trigger a continuation move to the upside. If that happens, the next targets to watch are 0.1400 and 0.1800. Look for a retest of the breakout level for a safer entry. Bearish case: If MYX fails to sustain above 0.1100 and breaks down below 0.0850, sellers may take control, with potential downside targets around 0.0750 and 0.0650. Price is approaching a decision point. Monitor volume closely and wait for a clean breakout confirmation before entering a position. Set alerts and stay prepared for either direction.
Long
by Crypto-By--Ghazi
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).*
by Wolftrader1337