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Technical analysis by BlessingTrade about Symbol MYX: Sell recommendation (12/15/2025)

https://sahmeto.com/message/3988537

Bearish Flag Forming — Potential Continuation to the Downside

Sell
Price at Publish Time:
$3.55
Sell،Technical،BlessingTrade

Price action suggests a bearish flag is forming after a sharp impulsive move down. The current rising channel looks corrective rather than impulsive, which is typical behavior before continuation to the downside. This asset shows classic pump & dump characteristics: a fast vertical pump, followed by heavy distribution and weak consolidation. Such structures statistically favor further decline once the flag breaks down. Bearish scenario: – Breakdown below the lower flag support confirms continuation – Downside targets: 🎯 $2.20 🎯 $1.00 As long as price remains inside the flag, volatility compression continues. A loss of support would likely trigger accelerated selling.beaarrr run!!!

Source Message: TradingView
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