The technical outlook for MYX is actually quite clear—there aren't many resistance levels, and the main obstacle is that previous high of $18.

From the trend perspective, after peaking at $18, it pulled back, then oscillated within this range for three months. The key point is that the bottom formation has been well established, and the consolidation period has been long enough. According to common technical patterns, the longer the sideways movement, the greater the potential for upward movement. This pattern is actually building strength.

After this consolidation cycle, if it can break through that $18 resistance line, the upward potential could be quite significant. Of course, this also depends on subsequent trading volume. Currently, there are no negative fundamental factors suppressing it; technically, it all comes down to whether it can effectively break through that previous high.