The $MYX token is currently exhibiting a strong bearish trend, characterized by a sharp derivatives-led sell-off and heavy long liquidations over the past 48 hours. Trading at approximately $0.24–$0.25, the token faces immediate resistance at $0.26 (the 50-day moving average) and a more significant hurdle at $0.31, while key support sits at $0.23, with a deeper "air pocket" potentially leading toward $0.20 if the slide continues. Momentum is deeply negative, as evidenced by an RSI near 28 (oversold territory) and a consistent "Strong Sell" signal across major moving averages. Market sentiment remains dominated by fear and caution, largely due to broader macro headwinds and the recent high-volume liquidations, though some strategic traders are eyeing the upcoming V2 upgrade as a potential long-term catalyst for recovery.
MYXUSDT
Perp
0.244
-2.75%