Key Takeaways
What does MYX Finance’s 40% spike and pullback reveal about short-term trend strength?
It shows early bullish attempts, but MYX Finance must hold above the regression band to confirm a real reversal.
What do on-chain metrics show about MYX’s next directional move?
They show selective accumulation, cooling leverage, and liquidity pockets guiding whether MYX Finance targets 3.0–3.5 or drops to 2.3.
MYX Finance [MYX] delivered a dramatic intraday surge that pushed its price more than 40% higher toward the $3.5 region before sellers erased part of the move, sending it back toward the $2.4–$2.6 zone.
Traders now study whether the surge reflected genuine absorption or just volatility fueled by short-lived speculation.
MYX Finance currently trades around the upper boundary of its downward regression trend, a location often associated with early recovery attempts rather than confirmed breakouts.
Meanwhile, liquidity clusters, Open Interest (OI) behavior, and exchange-driven flow patterns are shaping short-term expectations.
Market participants closely track these metrics because they determine whether MYX Finance builds a sustained upward leg or slips back into deeper support territory.
MYX’s 40% spike: Breakout attempt or just a sharp fade?
MYX Finance gained significant momentum early today. Buyers pushed the price toward $3.5 with strong intent. Sellers then reacted quickly and created a sharp rejection.
MYX Finance dropped back toward the $2.5 zone soon after. The token now trades along the upper regression band with steady reactions.
Buyers defend this area because it represents a key turning point. At press time, the RSI sat near 44 with improving momentum. This reading supports a controlled recovery without overheating.
MYX Finance must hold above the upper band for a real reversal. A close below this region may weaken confidence around the structure. Strong inflows may anchor the token near this level.
Traders now watch for a confirmed breakout attempt toward the $3.0 region.
Source: TradingView
MYX Finance exchange flows shift!
At press time, Gate was dominating MYX Finance trading activity with impressive metrics. In the past 24 hours, the exchange recorded a volume of $689.07K and a net inflow of $27.96K, drawing significant market attention.
In contrast, Kraken reported a much lower volume of $43.7K and a net inflow of $11.73K. This stark difference highlights a strong concentration of trading activity on Gate, where many traders are choosing to enter and exit positions.
This concentrated flow suggests selective accumulation near key support levels. Because MYX Finance is highly sensitive to activity on Gate, such volume concentration often leads to sharper intraday price swings during periods of volatility.
Notably, buyers continue to open positions when prices pull back toward the upper band, reinforcing bullish sentiment.
This action helps MYX Finance maintain structure during uncertain conditions. Traders monitor Gate flow closely because each shift affects the short-term direction. The exchange still shapes momentum across lower timeframes.
Source: CoinGlass
MYX Finance Open Interest cools after hitting the $50M peak
OI in MYX Finance Futures markets climbed to nearly $50M during the surge, but later dropped to around $40M as traders began reducing leverage exposure.
The earlier spike showed strong speculative appetite, while the retracement indicates that traders secured profits or stepped aside to manage risk after the heavy rejection near 3.5.
Despite the decline, MYX still holds a sizable OI base compared to previous weeks, revealing ongoing speculative engagement.
Traders now watch the 2.3–2.5 region because strong reactions from this area frequently encourage renewed long-side positioning.
The current $40M OI level still provides enough speculative energy to fuel future volatility as MYX stabilizes and rebuilds momentum.
Source: CoinGlass
Key liquidity clusters to watch!
The 24-hour liquidation heatmap reveals dense liquidity pockets between 2.5 and 3.5, indicating zones where significantly leveraged MYX Finance positions cluster.
Price often gravitates toward these zones because liquidations trigger rapid volatility once levels get tested.
A move back toward 3.0 brings MYX into a region filled with resting long liquidations, potentially amplifying movement if triggered.
However, a dip toward 2.3 exposes deeper liquidity pools that could produce sharp reactions before any recovery attempt.
Liquidity distribution therefore plays a central role in MYX Finance’s next major swing, and traders continuously examine which cluster offers the path of least resistance based on incoming momentum, exchange flows, and intraday volatility shifts.
Source: CoinGlass
To sum up, MYX reached a critical point after its 40% rally and sharp retracement. The token now stabilizes near the upper regression band, supported by selective inflows, improving RSI strength, and a still-active speculative base.
If buyers protect the 2.4–2.5 region while Gate continues leading accumulation behavior, MYX may attempt another climb toward the 3.0–3.5 liquidity cluster.
