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Technical analysis by BeInCrypto about Symbol MYX on 9/9/2025

https://sahmeto.com/message/3763892
BeInCrypto
BeInCrypto
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The native utility token of MYX Finance (MYX) is flashing a critical technical signal. The Relative Strength Index (RSI) has surged above 90, a level that typically indicates extreme overbought conditions. Such a high reading suggests that recent buying momentum may be overextended and could soon trigger profit-taking. When RSI readings reach above 70, the market is often considered overbought, and at 91, MYX has entered historically unsustainable territory. Traders should be cautious of a potential pullback or short-term correction, as momentum-driven rallies can quickly reverse once buyers begin locking in gains.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$17.41
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