2026-01-03 10:28:24

MYX's performance today definitely caught the eye. From the $4.75 to $6 range, the short-term increase is nearly 60%, and trading activity has also surged—daily transactions exceeded $20 million, and the market capitalization has broken through the $1.1 billion mark, entering the top 60 in the overall crypto asset rankings.

Behind this rally, there are several driving factors: the V2 upgrade news fueling optimism, zero slippage mechanism hype, and leveraged long positions squeezing out short positions. Social media is filled with bullish signals. On the technical side, the RSI has already surged to around 81. Although in the overbought zone, there are no obvious signs of a top, indicating that the short-term upward momentum may continue.

For traders looking to participate, a few key reference points:
- Adding positions around the $4.8-$5.2 range is more reasonable
- Short-term targets point to $6.0-$6.5, with more aggressive traders eyeing $7-$8 (testing previous high resistance)
- Stop-loss should be strictly set below $4.3, as such tokens are highly volatile and unpredictable
- Leverage is recommended between 10-20x, but be sure to control your position size; going all-in can be very risky

Tokens like MYX tend to be this way—fierce when rising, and not gentle when falling. The risk of chasing highs definitely exists, but currently, the bulls hold the advantage. Do your homework, manage your risks, and make your own decisions.

MYX-0.7%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
9
Repost
Share

Comment

0/400

LightningWallet

· 01-06 08:59

RSI is already at 81, should we still chase? This time it's either getting trapped or making quick money, no middle ground.

View OriginalReply0

Gm_Gn_Merchant

· 01-06 07:44

Wow, this wave of MYX is really crazy, with a 60% increase directly taking off. But RSI is already at 81, should I still chase? I think it's a bit risky.

View OriginalReply0

PuzzledScholar

· 01-05 14:34

A 60% increase is indeed crazy, but with RSI already at 81, are you still willing to chase? That's the gambler's mentality, brother.

View OriginalReply0

MainnetDelayedAgain

· 01-03 10:58

According to the database, MYX has been rising from 4.75 to 6 for 24 hours now, and the promised "steady trend" from the last commitment has already passed... Well, never mind, it's just the art of time. Anyway, a 60% increase will eventually be realized, right? RSI has surged to 81 and hasn't peaked yet? The project team's hype is indeed fermenting quickly this time. I suggest it be recorded in the Guinness World Records. Leverage of 20x and going all in, I am already waiting for the next extension notice. Waiting quietly for the bloom, or waiting quietly for bankruptcy, either way, they are on the same timeline. Currently, the bulls are indeed dominant. Wait, have I seen this argument somewhere before... Oh yes, when MYX reached 7 dollars last time. --- Friends chasing the high, don't forget to record your purchase price today for future reference against the database. Stop loss at 4.3? I think it's fine. Anyway, these kinds of coins tend to catch you off guard. --- Feel free to add data and see when MYX's "delayed decline" will be fulfilled.

View OriginalReply0

RooftopReserver