📊 Market Analysis | Fibonacci + Structure Analysis

After a clear peak → dip movement on the chart, we see Fibonacci retracement.
The price responded strongly for the first time after a long period of consolidation, moving towards the 0.272 – 0.382 zone.
This is important because:
This region generally indicates the end of the initial relief rally and shows the market's intention.
🔎 What does the technical chart say?
• Long-term accumulation has occurred at the dip
• Response has been triggered with increased volume
• However, the structure is still in a recovery phase after a decline
⚠️ Critical decision point:
It is risky to interpret this movement as a “trend reversal” until daily closes are above the 0.382 level.
This zone is also one of the areas with the highest possibility of fake breakouts / distribution.
🧠 Possible scenarios:
• Holding above 0.382 → healthier upward structure
• Rejection + volume decline → sideways/correction phase again
📌 Strategy summary:
The market punishes the impatient.
The right move is often to wait and see confirmation.
Patience is a position.
How do you interpret this movement?
Is this a trend beginning or just a temporary relief? #MYX