Will MYX set new all-time lows after the $1.81 rejection? Data shows…
A recent analysis of MYX Finance (MYX) highlights a bearish outlook following a failed attempt to sustain momentum. After a brief rally to $1.81, the token experienced significant buyer exhaustion, closing the same session at just $1.02. This rejection has led to sellers taking control, with the loss of the $1 support level indicating potential further declines. Technical analysis suggests that, without nearby long-term support, MYX could potentially fall as low as $0.15. In the short term, any bounce to the $0.80-$0.85 range is viewed as a selling opportunity. Both long and short-term expectations remain bearish.
ambcrypto02/23 05:01
