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Technical analysis by MeTraderTr about Symbol MYX on 9/17/2025

https://sahmeto.com/message/3779136
MeTraderTr
MeTraderTr
Rank: 561
2.9
،Technical،MeTraderTr

MYX Inside $ 18,7605, the ATH Resistance (the highest resistance in graphic temporality) is the most powerful barrier for the current price. After the price rose to this level, it fell to the main support level in the $ 10.35 area with a hard retreat ... With the rise movement that starts from this support, there is a possibility that a cup & handle (cup-kulp formation) in the hourly junction ... If the formation is completed, the price can be expected to test the Reverse regions first (Fibonacci-based retreat areas); • Reverse 1: 14.9332 $ • Reverse 2: $ 13.9247 • Reverse 3: 12.9762 $ Possible; • If the price collects and rises from the reverse 1 ($ 14.93) level, the formation continues in a healthy way. • Reverse 1 breaks, but if the reaction is not received, the price looks for support in the Reverse 2 ($ 13.92) region. • If Reverse 2 does not work, the reverse 3 ($ 12.97) becomes the last critical support zone. • If the Reverse 3 is broken, the price can be retracted to the level of main support ($ 10.35). For the confirmation of the formation, the price must re -break the resistance of $ 18,7605 and permanence. If this happens, the Cup-Kulp formation will be activated and the possibility of acting towards new summits will increase ... #Metrader #wolf #tradingview #cuphandle #cryptoanalysis

Translated from: Turkish
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$17.47
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