After a brutal 46% sell-off, sellers are clearly exhausted. The price is in an extremely oversold condition, and a MACD bullish crossover indicates momentum may be shifting. Such a deep decline often attracts bottom-fishers seeking a quick rebound, and the current lack of selling pressure could be exactly what is needed for this rally. As long as buyers take control, there is significant room for a rebound from these low levels.
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$MYX Oversold plunge attracts rebound interest.
Go long now $MYX
Entry: 3.30 – 3.38
Stop loss: 2.85
Target 1: 3.65
Target 2: 4.00
Target 3: 4.97
After a brutal 46% sell-off, sellers are clearly exhausted. The price is in an extremely oversold condition, and a MACD bullish crossover indicates momentum may be shifting. Such a deep decline often attracts bottom-fishers seeking a quick rebound, and the current lack of selling pressure could be exactly what is needed for this rally. As long as buyers take control, there is significant room for a rebound from these low levels.
Trade $MYX opportunities 👇 here