📊 Technical Analysis — $MYX

Current Situation

Price: $0.3577 — down massively from the 24h high of $0.6288

The token pumped ~200% then crashed hard — a classic pump & dump pattern

🔴 Bearish Signals (Strong)

Moving Averages are in a bearish alignment:

MA(7) = 0.3630 → price is below the short-term MA

MA(25) = 0.4409 → price is far below, acting as strong resistance

MA(99) = 0.2836 → this is the next major support below

Volume is collapsing — the spike happened at the top, now drying up, which typically means no buying interest at current levels.

Price structure shows a sharp lower-high, lower-low pattern — textbook downtrend on this timeframe.