MYX Finance (MYX)

Right now, we don’t need an #AltcoinSeason. We just need a crime pump 😁😂 #Binance is the king of all crimes. https://t.co/MiGHkL4aoP

$MYX is holding strong while markets rebound @MYX_Finance up 3.3% to $6.65 in 24h, moving with the broader risk-on recovery. - Rally is driven by equity and crypto market rebound - Trading in sync with TradFi momentum - Price is holding above recent support Levels to watch - Upside: $7.00 - Support: $6.50 As long as the market stays firm, $MYX has room to push higher.

There is not much I can say about $MYX with my method of TA. The move up looks like 3 waves and not five. That generally makes me cautious. 3 are bearish, 5 are bullish. However, it's not unlikely that there hides a tiny 4th wave in there and it is in reality 5 waves, just looking like 3. The whole move up since the 10/10 wick is the second part that I don't like. On the flipside, it has held the 88,7 which many, many coins weren't able to do. It also didn't really butch in the recent massive selloff, which is positive as well. So in conclusion, #MyxFinance feels positive due to holding up better than the rest, but structurally, I can't make sense of it.

I should really trim down my alt list, some stuff left on from flavors of the month in the past... > Note that 9:30am EST has been the "slam time" every day so far > Hoping for a better Friday in my heart, but data suggests otherwise. > That being said, some alt divergences happening 1. $MYX 2. $HYPE 3. $TRX 4. $MORPHO 5. $LIT 🕯️

I've found a pattern: the more CS an airdrop is, the higher the project's token tends to rise. First, we need to understand why more and more project teams are unwilling to airdrop more tokens. The project's TGE is essentially for selling, and distributing more tokens would prevent them from controlling the supply. Now many large exchanges have requirements that the dispersed tokens cannot be too many, to prevent a continuous drop. You can look back at previous 'god coins'; whether $MYX or $RIVER, aren't they all high-control? High control + a market maker that stirs things up, and if they can also list a Binance contract, making it attractive without being too ugly, it's like having a money printing machine!!! Summary: Project TGE is for selling, high control is to sell more. Usually the more CS the airdrop, the higher the control, the more they want to get onto better exchanges, the more they sell more!! Of course this also involves whether the project team is willing to spend money to get onto good exchanges; some projects hit a high point as soon as they list.

$MYX WALLET AT WORK The wallet continues to steadily accumulate $MYX tokens Active buying started 2 weeks ago Over the last 24 hours, more than $150K worth of tokens were purchased Current balance: $360K in $MYX Wallet: 0xe4f2bc32d1018e165a657b098fd8c51f2cccf8e8 https://t.co/bA0XorQRpC

$MYX is holding above a rising support line and consolidating after the recent move up. As long as the key support zone holds, the structure remains bullish, with the next challenge at the overhead resistance. DYOR, NFA #MYX #MYXUSDT https://t.co/UJHTBEHgie

🥶 Among the top 100 market-cap tokens, only 18 posted positive returns in the past 90 days