MYX Finance Small Surge! Short-term Breakthrough High Point💥
In the past 24 hours, MYX Finance (#MYX ) surged 8%, breaking the psychological barrier of $3. AMBCrypto reports that this breakthrough was accompanied by high trading volume and an increase in short-term open contracts, with a target price of $3.45 already exceeded—hitting $3.9 on December 15!
From a technical perspective: the short-term supply zone of $3.20 + high point of $3.45 are key bullish levels. The OBV indicator and moving averages show that momentum is turning positive, but the long-term trend is still not stable.
Risk Warning: The funding rate is significantly negative, with a long-short ratio of 0.96, indicating a potential short squeeze in the short term, with a possibility of a quick reversal.
Operational Strategy: If the price holds above $3.4–$3.5, a bullish outlook to $4.2 can still be expected; breaking below $3.26 will invalidate the bullish logic.
