MYX — From Vertical Madness to Reality Check

What goes vertical… usually retraces. MYX pulled the ultimate degen squeeze: from under $2 to $19 in days. Now we’re sitting at ~$10–11, bleeding lower on footprint, funding, and CVD.

This is the dangerous part of the chart — where early buyers think they “caught the bottom,” but the data screams distribution.



HTF / MTF (2D / 12H)
• Parabolic leg $1 → $19 now unwinding
• Price coiling ~$10–11
• HTF support zones: $9.20 → $8.00
• Upside magnets if reclaim: $13.50 → $15.00

Flow / Derivatives (Velo)
• OI steady → no flush yet = risk of more downside
• Funding: spiking → cooling → still unstable
• CVD: collapsing since local top, sellers pressing
• Liquidations: cluster spikes show trapped longs

Footprint (12H/4H)
• Red deltas stacked on each bounce = absorption by sellers
• Heavy bid clusters ~$9–10 but yet to hold trend shift



Idea Map
• Safer long only on reclaim >$13.50 with volume
• Short bias valid if $10 fails → target $9.20 → $8.00
• Invalidation: reclaim of $15 with OI + delta flip



This is no longer the easy “up-only” rocket. It’s a battlefield between late longs praying and smart money unloading.

Candle Craft | Signal. Structure. Execution.