MYX, this old coin has been acting up recently, directly surging over 80% from the bottom with a violent rally. The increase is indeed fierce. However, rapid gains are always followed by a pullback—that's the market's iron law—short-term adjustments are the process of profit-taking and repositioning, in other words, gathering strength.

From a technical perspective, the short-term moving average divergence has become somewhat excessive. Although the MACD is still in a strong zone, the risk of top divergence has already begun to subtly emerge, which is a warning sign. Additionally, the shrinking volume at high levels indicates that the bullish momentum is somewhat weakening—but don’t dismiss it entirely.

It’s important to remember that MYX previously surged to a high of 18.084, and the market foundation is still there; its historical background isn’t for nothing. The deep correction from the previous high has actually accumulated enough energy for this rebound. If a bottoming pattern appears during the pullback, that would be a genuine entry opportunity.

Key levels to watch: don’t lose the support at 6.0-6.2, which is the recent rally platform. 5.5 was the previous resistance during consolidation and could now turn into support. If the price retraces to this zone and shows hammer candles or bullish engulfing patterns, along with moderate volume absorption, then it’s time to consider going long. Set stop-loss below 5.0 to protect the trendline, and aim for the previous high or even a breakout to a new high.

Adjustments in established coins tend to be more sustained than new coins. Don’t be timid during this pullback—grab the low-entry opportunities and don’t let the chance to buy low slip through your fingers in the trend market.