$MYX Finance showing an attempted recovery after touching lows of 0.0686, with the price already trading above the 20-period moving average (mid band at 0.0955) for the first time in several sessions.
The MACD confirms the shift in sentiment with a histogram that recently turned from red to green, although the overall indicator (-0.0004) still does not confirm a deeper reversal.
The cumulative declines remain severe across all timeframes (-61.81% in 90 days, -97.43% in 180 days), a pattern that in smaller-cap DeFi projects is often linked to token unlock pressure or liquidity rotation into other sectors, rather than a short-term deterioration in the market.
#MYXFinanceairdrop #MYXUSDT
The MACD confirms the shift in sentiment with a histogram that recently turned from red to green, although the overall indicator (-0.0004) still does not confirm a deeper reversal.
The cumulative declines remain severe across all timeframes (-61.81% in 90 days, -97.43% in 180 days), a pattern that in smaller-cap DeFi projects is often linked to token unlock pressure or liquidity rotation into other sectors, rather than a short-term deterioration in the market.
#MYXFinanceairdrop #MYXUSDT