MYXUSDT | Aggressive Long from Extreme Oversold

After a strong impulsive drop, price is trading around the 3.20–3.23 area while momentum indicators are reaching exhaustion levels.
On the 4H chart, RSI is near 15 and STC is already at the floor — conditions that often precede relief bounces.
This is an aggressive counter-trend entry, not a reversal call.
However, failure to bounce quickly would signal continued weakness, and under that scenario the exit must be fast.
The plan is simple:
capture the reaction, manage actively, and avoid overstaying.
High risk. Execution must be efficient.
On the 4H chart, RSI is near 15 and STC is already at the floor — conditions that often precede relief bounces.
This is an aggressive counter-trend entry, not a reversal call.
However, failure to bounce quickly would signal continued weakness, and under that scenario the exit must be fast.
The plan is simple:
capture the reaction, manage actively, and avoid overstaying.
High risk. Execution must be efficient.
Operación cerrada manualmente
I’ve closed my MYX trade.Too much time has passed and momentum failed to expand.
Price is likely to move into a range.
Staying exposed no longer makes sense.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.