MYX Finance jumps to $3.9 as key $3.45 level flips to support amid short squeeze risk

MYX Finance’s token climbed about 8% in the last 24 hours, breaking above the $3 and $3.45 resistance bands and briefly hitting $3.9 on 15 December. While spot volumes and price structure turned bullish, derivatives data showed falling Open Interest and negative funding, suggesting the rally above $3.7 could have been a short squeeze and may face heightened volatility.