MYX Finance jumps 47% – Here’s what fueled the rally and what comes next!

A $39 million short squeeze and breakout above $11.88 resistance fueled MYX’s 47% daily rally. Holding $12 support is key; failure risks range-bound $9–$12 movement despite strong trading volume and bullish accumulation. MYX Finance [MYX] surged by 47% on the 27th of September, as the broader market rebounded by 0.68% on the day. The altcoin had earlier held above $10 despite trader skepticism that the abrupt rally would fade.