Technical analysis by ProfittoPath about Symbol MYX: Buy recommendation (9/8/2025)

ProfittoPath

✅ Key Price Levels from Your Chart: Level TypePrice Entry Price6.8174 Stop Loss5.9037 Target 17.5031 Target 28.8565 🎯 Trade Plan (LONG Bias): Entry: 6.8174 — current candle closing above previous resistance with ultra-high momentum. Stop Loss: 5.9037 — safely below the breakout zone and previous consolidation. Take Profit 1: 7.5031 — first area of anticipated resistance. Take Profit 2: 8.8565 — potential exhaustion zone (upper range extension). Risk-to-Reward: Approx 1:2.5+ — high reward potential for continued bullish move. 🔍 Technical Observations: The coin is up over 450%, indicating massive volume and interest. No signs of reversal yet — candles are strong, with barely any upper wicks. Volume indicator is hidden, but price action alone confirms aggressive buyers. The breakout is very sharp — this may continue to squeeze up as FOMO kicks in. ⚠️ Risk Management Notes: Due to parabolic move, risk of sharp retracement is high — protect with trailing stop after TP1. Not suitable for late entries if price pulls back below 6.5 — reassess if so. Watch for exhaustion candles (long wicks, doji) near 7.5–8.8 levels.