Bulls Halt the Slide—Will MYX Finance (MYX) Surge Back to $10?
MYX Finance bulls dig in their heels, fighting to reverse the downtrend. Can the token claw its way back toward the elusive $10 mark?
The Momentum Shift
Trading floors are buzzing as buying pressure mounts, challenging the bearish narrative that's dominated recent sessions. It's not a full-blown reversal yet, but the stalemate is breaking.
Technical Tug-of-War
Key support levels are holding—barely. Each bounce from these zones fuels speculation of a larger recovery. The chart paints a battle between fear and greed, with volume suggesting the big players are starting to place their bets.
The $10 Question
Reaching double digits requires more than just a dead-cat bounce. It needs sustained momentum, a catalyst, and maybe a dash of that irrational exuberance the crypto markets are famous for. Remember, in traditional finance, they call this 'price discovery'—we call it Tuesday.
Watch the order books. If the bulls can turn this defense into a sustained offense, the road to $10 opens up. If not, it's just another fakeout in an industry built on them.
MYX Finance grabbed market attention earlier this month after posting a sharp rally of over 75%, catching traders off guard. While the price later faced a nearly 28% pullback, bulls managed to defend a large portion of the gains, triggering a swift recovery back toward the prior highs. That strength, however, proved short-lived, as sellers stepped in and forced the MYX price into a steep descending move, erasing close to 40% from the monthly peak over just a few sessions.
Despite the recent pressure, downside momentum now appears to be losing steam. Buyers have stepped in to halt the multi-day decline, signaling a potential shift in short-term structure. The key question now is whether MYX can convert this stabilization into a fresh upside leg and reclaim the $10 level in January 2026.
MYX Price Volatility Tightens
Technically, MYX has broken out of a tight consolidation range, with a strong bullish impulse candle suggesting renewed buyer control. However, follow-through remains critical. The recovery can only extend further if the price holds above the breakout zone, as failure to do so could invite renewed selling pressure.
MYX Finance’s short-term price action suggests volatility has compressed sharply over the past few sessions. Trading volume continues to decline, signaling a potential volatility crunch, which often precedes a decisive directional move. While price remains range-bound, momentum indicators are beginning to stabilize. On the 4-hour timeframe, selling pressure is easing, and the MACD is approaching a bullish crossover, hinting at a possible shift in short-term control.
At the same time, Bollinger Bands are tightening after a prior expansion, confirming the cooling phase. Historically, such squeezes tend to resolve with a strong breakout. With price holding within a rising structure, MYX appears positioned for a larger MOVE once volatility expands again.
The Bottom Line—Will MYX Price Reach $10?
MYX Finance is approaching a decision point as volatility compresses and momentum stabilizes. A sustained breakout above $5.20–$5.50 could trigger an upside move toward $6.80, followed by $7.50. If bullish momentum strengthens, a retest of the $9–$10 zone remains possible later in January. On the downside, failure to hold above $4.50 could expose $4.00–$3.60. Until the breakout occurs, traders should expect expansion-driven volatility.
