Important Update on $MYX
$MYX Finance: Historic Rise!
MYX has skyrocketed in the past 48 hours. The price rose from $1 levels to almost $15, recording an increase of over 1500%.
Liquidation data supports this surge:
A total of $53.75M in liquidations occurred in the last 24 hours of this about $46.25M came from short positions.
Intense short pressure → triggered a massive short squeeze.
💡 High trading volume, increasing open interest, and a negative funding rate fueled this rally.
Now, $MYX is in correction mood which can touch $10- $11 so don't be panic it will skyrocket again till $17 - $20 these moves will be very veey sharp so maintain tight stoploss and proper risk management.
Note: This is not a financial advice for anyone kindly DYOR