$MYX
#myxfinance (#MYX ) Sharp Correction Alert ⚠️
Price: $0.8957
24h Change: -20.87% 🚨
Market Cap: $225.26M
24h Volume: $37.05M (+60%)
TVL: $20.1M
Circulating Supply: 251.47M / 1B
FDV: $895.83M
Holders: 54.84K
1️⃣ Big Drop (-20%)
This is a strong bearish move. Rising volume with falling price means sellers are dominating.
2️⃣ High Market Cap vs TVL (11.23×)
Market valuation is far above locked ecosystem value.
That can be risky if growth expectations slow.
3️⃣ Dilution Risk Remains
Only ~25% supply circulating
1B max supply
Future unlocks may pressure price.
Support: $0.80
Break below → $0.70 possible
Resistance: $1.05
Recovery above → bullish reversal attempt
Bearish Momentum → High Volatility
$MYX needs volume-supported recovery above $1 to regain bullish structure.