MYX Finance (MYX) – Technical & On-Chain Overview
Current Price: $1.0413
24h Change: +6.35%
Market Cap: $261.86M
FDV: $1.04B (≈4x MC → large unlock overhang)
Liquidity: $1.63M (relatively thin for this MC)
Holders: 54,786
24h Volume: 9.7M
Volume vs MA5: Below (11.3M) → momentum cooling
Volume vs MA10: Above (7.97M) → still active
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📊 Market Structure
From the levels you shared:
🔴 Major Resistance Zones
$1.95 – $2.00
$3.44
$4.92
$6.41
$7.90
These are historical supply zones. A breakout above $1.10–$1.20 is needed before $1.95 becomes realistic.
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🟢 Support Zones
$0.80
$0.47
If $0.80 breaks, price likely revisits $0.47 (major structural support).
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📈 Short-Term View (15m–1H)
Price pumped +6.3% but volume is not expanding strongly
Likely scenario: minor pullback before continuation
Key flip level: $1.08–$1.12
If price holds above $1.00 → bullish continuation attempt
If price loses $0.95 → correction toward $0.80 zone
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📉 Mid-Term View (4H–1D)
⚠️ FDV is 4x market cap → significant future token unlock risk.
This creates sell pressure on rallies.
For strong bullish continuation:
Need sustained volume above MA5
Break and hold above $1.20
Otherwise:
Range likely between $0.80 – $1.20
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🔎 Risk Factors
Low liquidity relative to market cap
High FDV/MC ratio
Volume cooling after spike
Possible unlock dilution
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🎯 Trade Scenarios (Not Financial Advice)
🟢 Bullish Setup
Entry: $0.95–$1 .00
Target 1: $BTC 1.20
Target 2: $BTC 1.95
Stop: Below $0.80
🔴 Bearish Setup
If rejection at $1.10–$1.20
Target: $0.80
Extended target: $0.47
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If you tell me your timeframe (scalp / swing / position), I can refine a strategy specifically for you.