MYX Testing Long-Term Ascending Support | High-Timeframe Inflect

MYX has retraced from the recent distribution phase and is now testing a key long-term confluence zone around $0.90–0.95.

This area combines:
- A multi-month ascending trendline
- Prior horizontal support
- Psychological round-number demand

The reaction here is structurally important.

Holding above the trendline keeps the broader bullish structure technically valid and opens the door for a potential recovery phase toward the $1.60–$2.00 region.

However, a confirmed breakdown below $0.90 would invalidate the long-term structure and shift the bias decisively bearish.

This is not a random level.
It’s a structural inflection point.