‼️ What's next after this massive move?
The $MYX / $USDT chart has been a roller coaster! After a parabolic move that saw the price skyrocket to an all-time high of $18.650, we are now seeing a significant correction.
The current price is around $12.993, which is a drop of over 17% in the last 24 hours.
This kind of price action is common in highly volatile tokens, especially in the DEX (#decentralization #exchange ) sector.
👉FOR TRADERS 🔥
The chart shows that price has lost momentum after hitting the all-time high. A retest of support levels might be coming. Key levels to watch are $10.00 and even $8.00.
👉FOR INVESTORS 🔥
This correction could be an opportunity to enter at a lower price, but it's important to understand the project's fundamentals first. $MYX is a derivatives DEX, and its success depends on user adoption and trading volume.
The high volatility and huge price swings show that this token is attracting a lot of attention. Whether this is a simple profit-taking phase or the start of a deeper correction, it's crucial to follow the market closely and do your own research (DYOR).
