Sasha why NOT

📉 $MYX crashes 20% — VC dump triggers sharp correction

MYX Finance fell 20.4% in 24h, bucking the market’s +1.5% trend.

🔻 Key reasons for the drop:

Token unlock & VC selling: Hack VC offloaded $2.15M in $MYX right after unlock, triggering panic.

Overbought correction: RSI hit an unsustainable 98.06 — clear reversal signal.

Leverage unwind: $15.6M shorts were liquidated earlier; now bulls are exiting fast.

⚠ Watch this:

– $1.50–$1.80 is a critical support zone.

– Next unlock could bring more sell pressure.

– Track Hack VC’s wallet for fresh moves.

📊 Despite strong fundamentals (V2 upgrade, $9B/month volume), short-term sentiment remains bearish.

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