MYRO - Next target
Updated
MYRO performed a beautiful price action.
Many indicators are in favor of the coin pump :
Risk : Going to zero !
Reward : +200%
MYROUSDT.P MYROUSDT MYROUSDT
Many indicators are in favor of the coin pump :
- Strong community
- Low market cap
- High volume/cap : 17-18%
- Good price action : break + retest of historical support
Risk : Going to zero !
Reward : +200%
MYROUSDT.P MYROUSDT MYROUSDT Trade active
Bullish correction. Trend continuation is confirmed.Note
The recent decline is due to the following reasons :
- whales dumps pushing retails to sell their coins and go to other attractive projects
- retails exiting who bought the march pumps selling their coins at loss
In technical analysis, we are still protected by the weekly hammer candle. Also we are in the bottom of the correction.
In term of fundamental analysis, the market cap chart in under an obvious accumulation. It may be a preparation for strong buying power in the next weeks.
In term of money management, as I already said, take into account that this is a meme coin, it does not need a reason to go to 0 and also to make new ATH.
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