MYX is moving within a strong Ascending Channel, printing higher highs and higher lows a classic bullish structure. The recent rebound from the Immediate Demand Zone ($4.125 – $5.536) reaffirms strong buyer momentum and structure stability.
A confirmed breakout above $15.667 could trigger a sharp run toward $84.108, with the ultimate parabolic target at $134.144. However, losing the $4.128 support risks derailing the bullish trajectory, and a drop below $4.128 would fully invalidate the setup. With next support zone to be $0.939-$1.226
This is a high conviction structure showing what could be early signs of institutional accumulation. If the channel holds, the next explosive leg may just be warming up with about 24X potentials
What’s your take on potential 24x reality or a classic bull trap?
Like, comment, and share your thoughts below!
A confirmed breakout above $15.667 could trigger a sharp run toward $84.108, with the ultimate parabolic target at $134.144. However, losing the $4.128 support risks derailing the bullish trajectory, and a drop below $4.128 would fully invalidate the setup. With next support zone to be $0.939-$1.226
This is a high conviction structure showing what could be early signs of institutional accumulation. If the channel holds, the next explosive leg may just be warming up with about 24X potentials
What’s your take on potential 24x reality or a classic bull trap?
Like, comment, and share your thoughts below!
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Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
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.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
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.