📸 "It's not the commission that eats away — it's the margin between buying and selling. With high volatility, it jumps very significantly. It can show +100\$, but you close at +60\$. The take should be set at the mark price, not the last price."
🔍 MYX for the last 7 days — how it looked
A rise of almost +1500% in a week — from \$1-2 to \$17-18.
First a pump on listing and upgrade V2.
Then accumulation - the price stabilized, shorts started to burn 🔥.
And again growth. But! Now the first sell-offs have begun, it's profitable for whales to take profit.
🐋 Insider or manipulation?
Such movement is rarely 'natural'.
It seems that MYX was initially pumped specifically for retail, so that the crowd would enter in FOMO.
And now whales may start distribution. And those who do not understand that margin eats more than commission - will be left without a deposit.
⚠️ What should a trader do?
Don't jump into the middle of a trend - right now it's more of a casino than trading.
Look at the mark price, not the pretty number in PNL.
Wait for a new pattern on 12H/1D - either a repeated accumulation (🚀) or a sell-off without volumes (💀).
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For me, this is important - coverage matters, and the more of us there are, the less chance we will be fed like plankton 🐟.
