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This time it wasn’t the price suddenly going crazy—it was that the pressure at the high finally leaked out. A few days ago, during the afternoon session, the order book was repeatedly churning. $MYX looked like it was still holding up, but in reality every push lacked volume—once it reached the key area, it was pushed back down. The taste of a weak, lifeless rebound became more and more obvious. The key I pointed out then was simple: don’t get tricked by the superficial sideways consolidation.
Just after spotting the bearish trigger, MYX touched the 0.1796 area. I followed my plan and went long, waiting for the moment when the lack of support would reveal a crack. Now the price has returned to 0.0802, corresponding to a return of +1089.74%. I didn’t guess the direction, and the timing wasn’t thrown off either—this trade has been quite comfortable.
First, put the main portion into the pocket: close 80%, and keep the remaining 20% running, but the protective level must follow the cost line. When the market hands you profit, catch it—don’t wait for a single bounce to throw your mindset off again.
Don’t grind your patience away in choppy conditions, and then also try to regain dignity by gambling in a one-direction move. It’s not the moment to rush in now. Missing this leg doesn’t require chasing hard—wait for a new structure to form, then reassess. There will be opportunities afterward.
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