MYX's recent movement has attracted quite a bit of attention. From the 4-hour timeframe, the current price is around 5.155, with a short-term increase of 44.88%, but there are some technical signals that warrant caution.

The key issue is that MYX has broken below the previous trailing stop line at 5.619. A break below this line typically indicates that the previous upward trend may be reversing. After running for 86K candles, the market has reached a stage where a new direction needs to be confirmed.

In terms of support levels, the dense support zones below are at 4.042, 3.842, and 3.610. If the price cannot quickly recover above the 5.619 key level in the short term, risks will gradually become apparent. Especially for long positions that have already been established, it is advisable to seriously consider whether to cut losses or reduce positions at this point.

The current situation is indeed somewhat dangerous. The price is below the trailing stop line, and if it continues to fail to rebound, the next step may be a direct test of the support zones below. Once those supports are broken, a deeper correction could be triggered.

For traders who have not yet entered the market, it is recommended to wait and see. Considering participation only after a new trend signal is confirmed would be a more prudent choice. Market reversals often require time to confirm, so there is no need to rush into a position at this point.