MYX
Risks & Caution Signals
Extreme volatility & overbought technicals: RSI readings near 90–98 signal major pullback risk, similar to previous crashes (~60 %) & acceleration of profit taking .
Potential manipulation concerns: Allegations of airdrop sybil activity and wallet dumps have raised red flags; analysts are skeptical about sustainability above ~$19.20 resistance, with support near $16.80 .
Short-squeeze dynamics: Recent sharp moves were fuelled by forced liquidations; absence of strong fundamentals suggests correction pressure may soon unfold .