Price Position and Structural State
MYX Finance (MYX) closed at 0.06049 USDT on October 15, 2026, up 0.92%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.05061 USDT, with resistance near 0.115 USDT. A daily close below 0.05061 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
MYX is trading below all key moving averages. MA9 at 0.065028 USDT stands as the first moving-average resistance area to watch. The more notable signal is downside extension: MYX sits 13.82% below MA50, while its historical range runs from -91.88% to 970.16%. Price is now approaching the lower end of that historical range, which means the downside move is pronounced but also raises mean-reversion risk from a stretched position.
Trading Friction and Price Efficiency
MYX shows high trading friction, with a 3-day friction score of 30.8. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -5.56% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.005000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 4.65, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
MYX shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.663 | 1.541 | 0.439 | Strong, high beta |
| 60D | 0.576 | 1.063 | 0.332 | Moderate linkage |
| 180D | 0.368 | 1.104 | 0.135 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
MYX has active volume inside a compressed structure. 20-day Volume Z-score is 1.05. ATR% reads 10.81, close to the bottom of its full historical range, and Bollinger Band width% reads 30.57, close to the bottom of its full historical range. Participation is present, but price has not started moving freely yet.
Momentum is weaker. RSI is 36.06, ROC14 is -18.88%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is simple: volatility is compressed and momentum is not strong enough yet. A better signal would need range expansion with stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. MYX has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
Key Levels for the Next State Change
For MYX, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.115 USDT establishes a bullish regime, while a daily close below 55-day support at 0.05061 USDT confirms a bearish regime.