MYROUSDT Will the Bulls Maintain Momentum? Key Level to Watch!
Yello, Paradisers! Is #MYROUSDT about to take off or are we in for a sharp pullback? Let's break it down!
💎#MYRO has shown strong bullish momentum, successfully breaking out of its sideways accumulation phase. The price has formed a base around the resistance level of $0.121. If MYRO manages to break out above this level, we could see an upward continuation without a retest of the $0.097 support zone.
💎However, if the price breaks below the $0.112 base support and closes below it on the 4H or daily timeframe, we might witness a retest of the $0.097 support before the bullish movement resumes toward our target resistance area.
💎Now, here's where it could get tricky. If MYRO fails to rebound from the $0.097 support and breaks down, it could signal danger. A failure to hold above support might push the price toward the Order Block (OB) area. For MYRO to maintain its bullish outlook, it must reclaim the support level. If it fails, and we see a daily close below the demand zone, this could turn bearish fast!
Be the smart trader who plays it safe and waits for the highest probability setups!
MyCryptoParadise
iFeel the success🌴
💎#MYRO has shown strong bullish momentum, successfully breaking out of its sideways accumulation phase. The price has formed a base around the resistance level of $0.121. If MYRO manages to break out above this level, we could see an upward continuation without a retest of the $0.097 support zone.
💎However, if the price breaks below the $0.112 base support and closes below it on the 4H or daily timeframe, we might witness a retest of the $0.097 support before the bullish movement resumes toward our target resistance area.
💎Now, here's where it could get tricky. If MYRO fails to rebound from the $0.097 support and breaks down, it could signal danger. A failure to hold above support might push the price toward the Order Block (OB) area. For MYRO to maintain its bullish outlook, it must reclaim the support level. If it fails, and we see a daily close below the demand zone, this could turn bearish fast!
Be the smart trader who plays it safe and waits for the highest probability setups!
MyCryptoParadise
iFeel the success🌴
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