MYX has been quite interesting lately. The trading volume on the 30-minute candlestick suddenly surged by 157.1%, and the current price is at 4.765 USDT.
From a technical perspective, the key support level is around 4.75, only 0.79% away from the current price, which is very close. In this situation, if you have a bullish idea, you can place an order around 4.75 and wait for opportunities. The resistance level above is at 5.327, which still offers plenty of room for profit-taking.
Interestingly, such a sharp increase in trading volume usually isn't a joke — it often indicates that the market is about to move. Of course, the subsequent trend still needs to be closely monitored, but based on the current pace, it's definitely worth paying attention to.
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BearMarketBuilder
· 01-08 19:44
Trading volume surged by 157%, this number is outrageous, but I need to take another look at this MYX coin. The 4.75 level is indeed tempting.
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HorizonHunter
· 01-08 01:07
Trading volume surges by 157%? Things are about to move, holding tightly at 4.75.
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MEVSandwichMaker
· 01-07 21:18
157% of the trading volume? This feels like the big players are testing the waters... I'm definitely paying attention to the 4.75 level.
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AirdropLicker
· 01-05 23:43
Trading volume surges by 157%? This rhythm doesn't seem right; it feels like either a sharp rise or a sharp drop.
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PaperHandsCriminal
· 01-05 23:41
Another 157% surge in trading volume. I bet five bucks this is just another false alarm.
Wait, support is only 0.79% away? Then why am I even placing a small order? It should have dropped already.
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AltcoinHunter
· 01-05 23:38
157% trading volume increase, this is definitely no joke... feels like this wave is about to rise?
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Same old story, placing orders and waiting for opportunities, but it just breaks down and crashes. I understand it too well.
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MYX? Never heard of it. Is it some new project? Let’s observe first.
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Wow, such a surge in trading volume. Could it be the big players accumulating? Better be cautious.
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If the support at 4.75 really breaks, it’ll be interesting. Let’s see how it goes then.
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I just want to know who’s still buying above 4.765...
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This kind of market signal is often deceptive. To hell with it, I won’t touch it.
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Take profit at 5.327? Fine, I bet 50 cents it will drop straight back to 4.
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The increase in trading volume is indeed a signal, but which way it will go is uncertain. 50% chance it could crash.
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The key is the subsequent trend. Anything said now is useless. I’ll wait until it drops before I get in.
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rugdoc.eth
· 01-05 23:35
Trading volume surged by 157%, this rhythm is indeed quite interesting, feels like something's about to move.
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FastLeaver
· 01-05 23:32
The trading volume surged by 157%, which is no small matter. It feels like something is about to move.
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AirdropHunter007
· 01-05 23:29
Trading volume surged by 157%, this signal is quite strong, MYX might be about to move.
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StablecoinArbitrageur
· 01-05 23:27
actually, that 157% volume spike screams order book manipulation to me. the basis between CEX and DEX on MYX right now is *chef's kiss* — classic inefficiency waiting to be arbitraged. but yeah, most retail will just chase the bounce and get liquidated. boring.
MYX has been quite interesting lately. The trading volume on the 30-minute candlestick suddenly surged by 157.1%, and the current price is at 4.765 USDT.
From a technical perspective, the key support level is around 4.75, only 0.79% away from the current price, which is very close. In this situation, if you have a bullish idea, you can place an order around 4.75 and wait for opportunities. The resistance level above is at 5.327, which still offers plenty of room for profit-taking.
Interestingly, such a sharp increase in trading volume usually isn't a joke — it often indicates that the market is about to move. Of course, the subsequent trend still needs to be closely monitored, but based on the current pace, it's definitely worth paying attention to.