MYX Finance up 13% after breakout – Can bulls push it past $0.12?

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MYX Finance surged over 13% in 24 hours after breaking out of a triangle pattern, following more than a month of consolidation. The price broke through resistance at $0.07226 and leveraged buyers dominated the market, with about 75% of top traders in long positions on Binance. Short liquidations reached approximately $10,000 versus only $90 in long liquidations, creating upward pressure. The RSI is at 76.58 and the next target sits at $0.12, but bears are present around $0.09. The continuation of the rally remains dependent on cryptocurrency market conditions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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