🔥 The MYX air force is estimated to be collapsing, first plummeting over 50%, then surging over 200%, and returning to near historical highs.
Note! The current MYX price is 1.85, with a significant divergence around 2U, and the long-short battle has begun again.
Right now, the Binance perpetual contract rate has dropped to -1.57%, indicating a strong counterattack from the bears. But, is this fuel for the surge, or has it successfully captured the profits from the crash?
What’s your outlook, bullish or bearish?
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#MYX #Binance
🔥2 days exploded 5 times, demon coin MYX live teaching: what is the "dealer short squeeze" market!
Now Binance rates are -0.7%, and settlement is done once every 1 hour. 1 times the short order position for 24 hours, the rate will lose 15%!
This is a short squeeze, everyone is waiting for a plunge, but it just doesn't fall.
🧐 In front of the demon coin, shorting is giving money. Whether you are involved in MYX trading or not, this case is worth pondering: once market sentiment is ignited, technical analysis fails. Never go short blindly.
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#MYX #Binance
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