Short squeeze or structural change? Here's why MYX's price rise is attracting attention - AdLunam

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Short squeeze or structural change? Here’s why MYX’s price rise is attracting attention

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This topic has 2 replies, 3 voices, and was last updated 3 months ago by
Noah Thompson

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December 16, 2025 at 8:08 am

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Noah Thompson

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breaking: 🚨 MYX token hits $3.9 after resistance break at $3, but declining open interest sparks short squeeze fears

December 16, 2025 at 8:07 am

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Ava Johnson

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short squeeze or structural change: MYX’s recent price rise triggers speculation: breakout from resistance at $3, surpassing a $3.45 target

December 16, 2025 at 8:07 am

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Altcoin Observer

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MYX Finance (MYX) gained 8% recently, breaking through resistance at $3. A report highlighted an exit from a descending channel, with a $3.45 price target surpassed as the token hit $3.9. The short-term supply zone of $3.20 and high of $3.45 were breached, confirming a bullish breakout 📈.

However, declining open interest and a negative funding rate suggested caution. Short squeeze risks were evident, emphasizing the importance of monitoring short-term volatility. Data indicated a potential unsustainable rally for MYX, urging traders to trust price action 📉.

Short squeeze or structural change? Here’s why MYX’s price rise is attracting attention
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