MYX surges! Next target $3.45!
#MYX exploded today, with an increase of over 13%, and the trading volume surged by 20% in 24 hours, reaching a transaction amount of $38.66 million 💥. The increase in trading volume indicates that confidence has returned, and short-term traders are flocking in 📈.
Open interest (OI) rose by 8.5% to $45.63 million, with top traders holding 64% long positions, and the long-to-short ratio reaching 1.79—everyone seems to be betting on continued upward momentum rather than rushing to cash out 🔥.
The technicals also support the uptrend: the price is firmly above $3.03, breaking through the downward trend line, and remaining above the 50-day moving average. The heat map shows that around $3.20 and $3.45 is a liquidity concentration zone, and a short squeeze may accelerate the rise 💎.
As long as the buying pressure continues and leverage is not rapidly withdrawn, MYX has a complete chance to test $3.45 ⏫.
