Bulls Attempting to Stall the Downtrend—Can the MYX Finance (MYX) Price Recover Toward $10?

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.