MYX Finance: RSI Signals Extreme Overbought Conditions

The native utility token of MYX Finance (MYX) is flashing a critical technical signal. The Relative Strength Index (RSI) has surged above 90, a level that typically indicates extreme overbought conditions. Such a high reading suggests that recent buying momentum may be overextended and could soon trigger profit-taking.

When RSI readings reach above 70, the market is often considered overbought, and at 91, MYX has entered historically unsustainable territory.

Traders should be cautious of a potential pullback or short-term correction, as momentum-driven rallies can quickly reverse once buyers begin locking in gains.