🚨 $MYX Update & Warning
MYX Finance (MYX) is on fire 🚀, trading around $9.40, but the surge is drawing attention — and caution. The recent listing of WLFI on the MYX exchange fueled momentum, driving open interest to record highs. However, signs of a bull trap are emerging, and token unlocks may increase selling pressure.
🔑 Key Levels & Outlook:
Resistance: Expect strong resistance above recent highs, ~$10+ zones
Support: Watch for defense around ~$8.00–$9.00
Trade Strategy:
• If MYX breaks resistance with conviction → possible continuation upward
• If volume drops or resistance rejects → a pullback toward support is likely
⚠️ Note: This is a high-risk scenario. Use tight stop-losses, monitor opens & unlocks, and don’t chase blindly.
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