MYX Explodes — Is the Market Still Sleeping on a $3.45 Move?
While many traders stay on the sidelines, MYX Finance (MYX) is sending a clear signal. Price jumped over 13%, with 24h trading volume up more than 20%, reaching $38.66M at the time of writing.
This isn’t just a random pump. Rising volume points to renewed market interest, stronger liquidity, and better execution — all key ingredients that attract short-term and momentum traders. Yes, higher inflows increase volatility, but so far, buyers are clearly dictating the pace.
More importantly, Open Interest climbed 8.48% to $45.63M, showing traders are adding new exposure rather than closing positions. That suggests fresh capital entering the market, reinforcing the bullish structure instead of exhausting it. While higher leverage raises liquidation risk, current positioning implies confidence in continuation rather than fear of a reversal.
Top traders are backing this move. The Long/Short ratio sits at 1.79, with 64.22% of accounts holding Long positions. This skew reflects growing conviction from experienced participants, yet positioning remains controlled — bullish, but not overheated.
With price, liquidity, and sentiment aligning, MYX is re-entering the spotlight. If momentum holds, a push toward $3.45 looks increasingly realistic.
🔥 Is MYX just getting started — or already ahead of itself?
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