If you are seeing your balance in red and hear that $MYX "it no longer has life" because it lost support at $0.34, stop for a second. The market does not move by feelings; it moves by liquidity and fundamentals. What we are experiencing is a "shakeout of weak hands" orchestrated before the major token unlock on March 6. Many novice investors are front-running, that is, selling now out of fear that the price will drop that day, and that preventive selling pressure is what is really sinking the chart, it's pure psychological panic!
True mental peace comes from data: the RSI at extreme oversold levels (21 points) tells us that selling pressure is exhausted and that we are in capitulation zone. Furthermore, Consensys does not "throw" their money; they converted MYX into their liquidation engine for Ethereum. If you have your coins in spot, you donât have to rush or give away your capital to those who are waiting to buy your coins at a low price. With V2 and gasless trading, MYX is building real utility while others just sell smoke. Breathe, hold your position, and let technology work for you!
â#MYX #Consensys #TradingStrategy #CryptoAnalysis #BinanceSquare
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