MYX

MYXUSDT is positioning for its final impulsive leg following the completion of a remarkable wave 3 advance. The corrective wave 4 phase has concluded, with price action now consolidating in preparation for wave 5 of the Elliott cycle. The current structure is developing into a strong bullish continuation pattern, indicating sustained upside momentum. The optimal re-accumulation zone is clearly defined, offering a strategic entry for positioning ahead of the next breakout. Projected targets are highlighted on the chart, aligning with the completion of the fifth wave structure.

exactly that was plan but i was not online any way order filled and short setup is active toward major correction , but the larger structure still points toward further downside potential. Price action remains in a corrective phase, and momentum favors sellers for a deeper retracement toward the major psychological and technical zone at $1.00. This level aligns with historical support and could serve as the next significant test before any sustainable reversal.

After our first short setup, MYX delivered a quick and clean 40% drop, validating the overextended structure. Now, price action has formed a clear double top pattern, signaling further weakness and potential trend reversal. MYX is likely setting up for another sharp leg down. This next move could target 40–45% downside initially, with potential to extend toward a 60% correction from current levels.slight changepossible symmetrical trianglefor now closed at entry will activate it once give more confirmationwatching closely this zone for final sweep before major correction

The past three days have been historic for MYX, with the token surging over +1500%, marking one of its most explosive moves to date. However, such parabolic rallies rarely sustain without a significant correction, and early signs of buyer exhaustion and weakness are emerging at the current zone. With volume tapering off and momentum showing divergence, the setup favors a 40–50% correction to reset structure and allow for healthier continuation laterwhile writing price dropped waiting for targetsboom two targetsall targets boomTP#3 and bounce how you feel it

Just losing trader trying to recover sharing a hopefully winning trade :) Already in the long trade SL and TP as the chart