MYRO — Conquering $0.17 Could Lead To A 65% Run 🚀

MYRO is currently battling its major resistance area between 0.16 and 0.17, which was already a big hurdle during April and June.

Therefore, it is doubtful whether MYRO will smash the resistance on the first attempt.

If it happens and MYRO can confirm it on a higher timeframe like the 1D chart, there should be room to run. The next stronger resistance lies at ~0.28, resulting in a profit potential of 65%.

The technical indicators second MYRO's bullish potential: MACD and short-term moving averages are bullish. On the other hand, most momentum indicators are still in the neutral zone.

How to proceed?

As mentioned, it is important to monitor the resistance at 0.17. It's definitely not a good idea to enter a trade before the resistance falls, AND this is confirmed on the daily chart.

If this happens and the overall market remains in its bullish momentum (which is likely), we can take a closer look at a potential trade setup with a target of 0.28.

$MYRO #MYROUSDT