MYX Finance is growing by 13% amid rising trading volume and open interest

MYX Finance (MYX) has experienced a significant price increase of more than 13%, driven by a 20% increase in trading volume to $38.66 million. Open interest also rose by 8.48% to $45.63 million, with long positions accounting for 64.22%, and the long-to-short ratio at 1.79. The cryptocurrency has broken through the downward trend line, holding the price above $3.03 and approaching $3.45. The bullish sentiment is further supported by a favorable fear and greed index reading, indicating trader confidence. Additionally, liquidation clusters around $3.20 and $3.45 suggest the potential for further price growth if the current buying pressure persists.

$MYX

MYXUSDT

Perp

3.1

-0.12%