📉 MYX Finance: Bottom In or More Pain?
$MYX has crashed 70% this week, falling from $6.90 to a critical test of the $1.00 psychological floor.
Key Highlights:
The Crash: A massive $500k long squeeze fueled the waterfall.
Bullish Divergence? RSI is deep oversold (<30), signaling a potential relief bounce.
Fundamentals: Strong backing by Consensys and the upcoming MYX V2 modular layer.
Stability: TVL remains steady (only -10%), showing core liquidity is staying put.
Trading Levels:
Resistance: $1.85 | $2.50 (Breakout zone)
Support: $1.00 (Must hold)
💡 Strategy:
Scalpers: Watch for a flip at $1.60 if BTC stays stable.
Investors: This is a "reset" phase. High risk, but strong backing makes it a top watch for the next leg up.
Buy Here in Spot 👉$MYX 👇
#MYX #DeFi #Crypto
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