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| URL | https://ambcrypto.com/myx-finance-up-250-but-the-3-danger-zone-looms/ | |||||||||
| Last Crawled | 2026-04-21 18:18:28 (1 day ago) | |||||||||
| First Indexed | 2025-09-10 07:02:41 (7 months ago) | |||||||||
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| Content | ||||||||||
| Meta Title | MYX Finance up +250% - But the $3 danger zone looms - AMBCrypto | |||||||||
| Meta Description | MYX Finance [MYX] exploded 4x, from $4 to $18, amid increased crypto trading volume in September. Will the rally extend? | |||||||||
| Meta Canonical | null | |||||||||
| Boilerpipe Text | Key Takeaways
MYX Finance blasted over 250% in the past two days, jumping from $4 to $18, thanks to massive perpetual traction. Can late bulls benefit from the recent pullback?
On the 8th September,
MYX Finance [MYX]
surged by over 298%, rising from $4 to $14. The following day, it extended the rally to $18, allowing bulls to lock in an extra 56%.
The explosive move was triggered by the massive platformâs massive on-chain perpetual volume. According to
BNB
Chain, MYX Finance
topped
the volumes on the network alongside
PanCakeSwap [CAKE]
.Â
This was not surprising, as most tokens in this segment, like
Hyperliquid [HYPE]
, and
IDEX
, have seen aggressive upswings.Â
In fact, the overall perpetual volumes handled by decentralized exchanges (DEXes) edged closer to 10% of CEXes, underscoring renewed traction.Â
Source: The Block
At the time of writing, however, the MYX rally had cooled off slightly, pointing to profit-taking. Will bulls defend $10?Â
Will MYX hold above $10?
The pullback was close to hitting the golden ratio zone (0.5-0.618 Fib levels, yellow), which was around $10, at press time.
In other words, the psychological $10 level could become a key support to watch in the near term.Â
Source: MYX/USDT, TradingView
If $10 holds, a potential recovery to $18 or $28 could offer an extra 55% to150% gains. The OBV (On Balance Volume) was still high, underscoring massive trading volume and interest that could still push the token to tag the upside targets.Â
But the oversold conditions on the lower and higher timeframes indicated that the rally could still be due for more cool-off.Â
A breakdown below the $9.5, could reinforce sellersâ market edge, and dent the bullish thesis idea described above.Â
Why bulls need to defend $10
That said, losing $10 and clearing the liquidity below $9, could increase the risk of dropping back to $3. This was based on the liquidity pools that were at $12, $9 and $3.Â
In a liquidity hunt-driven price action, MYX could tag $12 and $9. But a sustained stay below $10 would make the massive liquidity zone at $3 (yellow) a potential price magnet.Â
Source: CoinGlass
The September trading volume has boosted MYX to rally more than 4x. And more gains could be likely if bulls defend $10 psychological support.
However, the uptrend could derail if the level is lost. | |||||||||
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Active Currencies: 17,549
Market Cap: \$2.630T
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24h Market Cap Change: \$-0.88
# MYX Finance up +250% â But the \$3 danger zone looms
## Charting what's next for MYX Finance after fronting a 4x upswing...
[ ](https://ambcrypto.com/author/benjamin-njiri/)
Written by Written by [Benjamin Njiri](https://ambcrypto.com/author/benjamin-njiri/)
[ ](https://ambcrypto.com/author/jacob-thomas/)
Reviewed by Reviewed by [Jacob Thomas](https://ambcrypto.com/author/jacob-thomas/)
Updated
03:00 EDT
September 10, 2025
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Back to Top

## Key Takeaways
*MYX Finance blasted over 250% in the past two days, jumping from \$4 to \$18, thanks to massive perpetual traction. Can late bulls benefit from the recent pullback?*
***
On the 8th September, [MYX Finance \[MYX\]](https://ambcrypto.com/category/altcoins-news/) surged by over 298%, rising from \$4 to \$14. The following day, it extended the rally to \$18, allowing bulls to lock in an extra 56%.
The explosive move was triggered by the massive platformâs massive on-chain perpetual volume. According to [BNB](https://ambcrypto.com/category/binance-news/) Chain, MYX Finance [topped](https://x.com/BNBCHAIN/status/1964992148505551104) the volumes on the network alongside [PanCakeSwap \[CAKE\]](https://ambcrypto.com/predictions/pancakeswap-token-price-prediction).
AD
This was not surprising, as most tokens in this segment, like [Hyperliquid \[HYPE\]](https://ambcrypto.com/whale-accumulation-driving-hyperliquid-is-a-hype-ath-ahead/), and [IDEX](https://ambcrypto.com/idex-jumps-34-in-7-days-can-the-hybrid-dex-token-push-to-0-045/), have seen aggressive upswings.
In fact, the overall perpetual volumes handled by decentralized exchanges (DEXes) edged closer to 10% of CEXes, underscoring renewed traction.
[](https://ambcrypto.com/wp-content/uploads/2025/09/dex-to-cex-futures-trade-volume.png)
Source: The Block
At the time of writing, however, the MYX rally had cooled off slightly, pointing to profit-taking. Will bulls defend \$10?
## **Will MYX hold above \$10?**
The pullback was close to hitting the golden ratio zone (0.5-0.618 Fib levels, yellow), which was around \$10, at press time.
In other words, the psychological \$10 level could become a key support to watch in the near term.
[](https://ambcrypto.com/wp-content/uploads/2025/09/MYXUSDT.P_2025-09-09_16-34-16.png)
Source: MYX/USDT, TradingView
If \$10 holds, a potential recovery to \$18 or \$28 could offer an extra 55% to150% gains. The OBV (On Balance Volume) was still high, underscoring massive trading volume and interest that could still push the token to tag the upside targets.
But the oversold conditions on the lower and higher timeframes indicated that the rally could still be due for more cool-off.
A breakdown below the \$9.5, could reinforce sellersâ market edge, and dent the bullish thesis idea described above.
## **Why bulls need to defend \$10**
That said, losing \$10 and clearing the liquidity below \$9, could increase the risk of dropping back to \$3. This was based on the liquidity pools that were at \$12, \$9 and \$3.
In a liquidity hunt-driven price action, MYX could tag \$12 and \$9. But a sustained stay below \$10 would make the massive liquidity zone at \$3 (yellow) a potential price magnet.
[](https://ambcrypto.com/wp-content/uploads/2025/09/Screenshot-2025-09-09-164555.png)
Source: CoinGlass
The September trading volume has boosted MYX to rally more than 4x. And more gains could be likely if bulls defend \$10 psychological support.
However, the uptrend could derail if the level is lost.
Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
[ ](https://ambcrypto.com/author/benjamin-njiri/)
### [Benjamin Njiri](https://ambcrypto.com/author/benjamin-njiri/)
Journalist
Benjamin Njiri is a Crypto Analyst and Reporter at AMBCrypto, specializing in technical analysis and emerging market trends. With a background in Telecoms engineering and power systems, he applies data analysis to filter market noise and decode on-chain data. His work delivers clear, data-driven insights that help readers navigate crypto markets with confidence.
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AD | |||||||||
| Readable Markdown | ## Key Takeaways
*MYX Finance blasted over 250% in the past two days, jumping from \$4 to \$18, thanks to massive perpetual traction. Can late bulls benefit from the recent pullback?*
***
On the 8th September, [MYX Finance \[MYX\]](https://ambcrypto.com/category/altcoins-news/) surged by over 298%, rising from \$4 to \$14. The following day, it extended the rally to \$18, allowing bulls to lock in an extra 56%.
The explosive move was triggered by the massive platformâs massive on-chain perpetual volume. According to [BNB](https://ambcrypto.com/category/binance-news/) Chain, MYX Finance [topped](https://x.com/BNBCHAIN/status/1964992148505551104) the volumes on the network alongside [PanCakeSwap \[CAKE\]](https://ambcrypto.com/predictions/pancakeswap-token-price-prediction).
This was not surprising, as most tokens in this segment, like [Hyperliquid \[HYPE\]](https://ambcrypto.com/whale-accumulation-driving-hyperliquid-is-a-hype-ath-ahead/), and [IDEX](https://ambcrypto.com/idex-jumps-34-in-7-days-can-the-hybrid-dex-token-push-to-0-045/), have seen aggressive upswings.
In fact, the overall perpetual volumes handled by decentralized exchanges (DEXes) edged closer to 10% of CEXes, underscoring renewed traction.
[](https://ambcrypto.com/wp-content/uploads/2025/09/dex-to-cex-futures-trade-volume.png)
Source: The Block
At the time of writing, however, the MYX rally had cooled off slightly, pointing to profit-taking. Will bulls defend \$10?
## **Will MYX hold above \$10?**
The pullback was close to hitting the golden ratio zone (0.5-0.618 Fib levels, yellow), which was around \$10, at press time.
In other words, the psychological \$10 level could become a key support to watch in the near term.
[](https://ambcrypto.com/wp-content/uploads/2025/09/MYXUSDT.P_2025-09-09_16-34-16.png)
Source: MYX/USDT, TradingView
If \$10 holds, a potential recovery to \$18 or \$28 could offer an extra 55% to150% gains. The OBV (On Balance Volume) was still high, underscoring massive trading volume and interest that could still push the token to tag the upside targets.
But the oversold conditions on the lower and higher timeframes indicated that the rally could still be due for more cool-off.
A breakdown below the \$9.5, could reinforce sellersâ market edge, and dent the bullish thesis idea described above.
## **Why bulls need to defend \$10**
That said, losing \$10 and clearing the liquidity below \$9, could increase the risk of dropping back to \$3. This was based on the liquidity pools that were at \$12, \$9 and \$3.
In a liquidity hunt-driven price action, MYX could tag \$12 and \$9. But a sustained stay below \$10 would make the massive liquidity zone at \$3 (yellow) a potential price magnet.
[](https://ambcrypto.com/wp-content/uploads/2025/09/Screenshot-2025-09-09-164555.png)
Source: CoinGlass
The September trading volume has boosted MYX to rally more than 4x. And more gains could be likely if bulls defend \$10 psychological support.
However, the uptrend could derail if the level is lost. | |||||||||
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| Author | Benjamin Njiri | |||||||||
| Publish Time | 2025-09-10 07:00:56 (7 months ago) | |||||||||
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