MYX/USDT just got smacked down at that $3.3–$3.4 supply zone like we called it. Price tanked straight to $2.84, and honestly? That short trade was chef's kiss — nailed the $3.00 target, now eyeing $2.80.

Here's what matters right now:

If we stay under $2.90, expect another leg down toward $2.70–$2.75 support zone. That's where buyers might actually show up.

Flip side? If MYX somehow reclaims $3.00 and holds it, we could see a bounce back toward $3.20.

But let's be real — sellers are running this show as long as we're stuck below that $3 level. No momentum shift yet.

MYX1.42%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
7
Repost
Share

Comment

0/400

staking_gramps

· 58m ago

Oh my, this short position is absolutely perfect. Took $3.00 directly; now let's see if we can ride it down to $2.80.

View OriginalReply0

WhaleInTraining

· 12-02 09:06

I have been watching this thing to crash for a long time, $3.3 really can't hold, now at 2.84 it should rebound, right? Short positions are indeed comfortable this time, but the key is whether it can fall below 2.70... Wait a minute, $3.00 has been lost for so long, why hasn't it started yet? When will this rebound come? The selling pressure is too strong, I feel like it can go lower again, waiting at $2.75. To be honest, there might be some support around $2.70-2.75, but there's intense pressure above...

View OriginalReply0

GasFeeCrying

· 12-01 17:55

Haha, this short order from MYX is really amazing, getting dumped at 2.84 is just satisfying. Now the key is to see if it can hold at 2.90; if it breaks, it's heading straight for 2.7...

View OriginalReply0

SchrodingerAirdrop

· 12-01 17:54

Airdrop fans just watch this wave, continue to grind below 2.8!

View OriginalReply0

AirdropHunter420

· 12-01 17:54

Damn, this judgment was too accurate, it directly fell from $3.3 to $2.84, really爽

View OriginalReply0

LightningAllInHero

· 12-01 17:43

The short positions this time are really incredible, $3.3 was pressed down directly to $2.84. I said the sellers are firmly controlling the market trend right now. Ngl, it all depends on whether we can hold the line at $2.90. If it drops again, we will have to go to $2.70 to find a dumb buyer.

View OriginalReply0

LiquidationWatcher

· 12-01 17:40

The short positions this time are indeed enjoyable, I also took a bit at 2.90. If it can't break this level, it will continue to go down.

View OriginalReply0