#MYX$MYX #Write2Earn
After weeks of steady accumulation, MYX price broke past a key resistance, which is often a sign of a market shift from selling to buying
The buyers are now expected to absorb the pressure that may open the gates for $8.5 and later $10, while a rejection could push the timeframe higher
$MYX Finance price is back in focus after a sharp upside expansion, pushing it to fresh interim highs above $7. The rally has effectively flipped the prior breakout level near $6.45 into support, shifting the short-term structure in favor of bulls. Price is now pressing into a nearby supply zone, around $7.3–$7.8, a region that previously attracted sellers, so the next move hinges on whether buyers can absorb this overhead supply.
$MYX After a long Q4 2025 accumulation base, MYX began a clean ascending trend into 2026 (rising trendline intact). The latest push shows strong follow-through, with candles holding above the reclaimed zone and repeatedly testing the upper band of resistance. This is classic “breakout → retest → continuation attempt” behavior.
At the same time, your volume bars remain moderate, which is a double-edged signal:
It’s positive that price is climbing without “blow-off” volume (less euphoric, more controlled).
But a true breakout above supply usually needs volume expansion; otherwise, breakouts can turn into liquidity wicks and quick pullbacks.
Momentum check: The RSI is sitting around the mid-to-high 60s, reflecting strong momentum but not yet screaming “parabolic top.” However, RSI at these levels also means upside can be choppy near resistance—buyers are strong, but late entries become riskier if price rejects the supply zone.