🟢 LONG SETUP: $MYX / USDT (Consolidation Breakout & Second Leg Up)
The 15-minute chart for MYX is presenting a prime "buy the dip" opportunity. After an explosive markup phase from the 0.337 bottom all the way to a local high of 0.548, the asset entered a necessary and healthy cooldown period.
Currently sitting at 0.466 (+22.96% on the day), the selling pressure from the top has clearly evaporated. We are seeing a solid accumulation base forming here. Notice the higher lows starting to print on the lower timeframes—this looks like a textbook bull flag consolidation preparing for a secondary leg up to retest the highs.
Here is the tactical blueprint to catch the continuation:
Trade Parameters
Asset: $MYX / USDT (Perpetual)
Direction: LONG 📈
Entry Zone (Accumulation): 0.450 - 0.466 (CMP)
(Ladder your entries within this pocket. Taking a starter position near the current price is fine, but leave limit orders slightly lower in case market makers hunt for late-long liquidity before the real reversal).
Leverage: 5x - 10x (Isolated - Keep leverage reasonable as we are still in a 15m chop zone prior to breakout).
Targets (Take Profit)
TP1: 0.495 (Clearing the first major lower-high resistance / secure initial profits)
TP2: 0.525 (Approaching the local top / heavy supply zone)
TP3: 0.548 (Full retest of the daily absolute high)
TP4: 0.580+ (Extended momentum runner if we break into price discovery)
Invalidation (Stop Loss)
SL: 0.430 (This places your stop safely below the recent local accumulation base. If price bleeds back below this level, the bullish flag structure is broken, and we will likely see a deeper macroeconomic retrace. Cut the trade.)
Trading Psychology & Risk Note
Patience is your edge here. The asset is resting after a massive pump. Do not over-leverage out of boredom while it consolidates. Let the limit orders fill, secure partial profits at TP1 to ensure a risk-free trade, and let the rest run.
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