Strategy: Break below the key trend line, bulls beware! If the price cannot quickly recover above 5.619, consider stop-loss or reducing positions. Those not entered should wait for a new trend confirmation.
Risk: The price has fallen below the trailing stop-loss line, at a dangerous edge. If it continues to fail to regain, it may test the dense support zone below, initiating a deep correction. 🔥
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📊 MYX 4H Technical Overview
💰 Current Price: 5.155 ( +44.88%)
📈 Trend: **Suspected Trend Reversal** | 86K candles run
🎯 Tracking Line: 5.619 ( Dynamic Stop-Loss Reference, Broken! )
Key Levels:
Support 4.042 / 3.842 / 3.610
Resistance -
Strategy: Break below the key trend line, bulls beware! If the price cannot quickly recover above 5.619, consider stop-loss or reducing positions. Those not entered should wait for a new trend confirmation.
Risk: The price has fallen below the trailing stop-loss line, at a dangerous edge. If it continues to fail to regain, it may test the dense support zone below, initiating a deep correction. 🔥