MYX Bearish Divergence May Hurt its Price

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MYX Bearish Divergence May Hurt its PriceMYXUSDT SPOTBITGET:MYXUSDTBeInCryptoOn the MYX/USD daily chart, the Chaikin Money Flow (CMF) is slipping toward the zero line, even as the token’s price continues to climb. This divergence between price action and capital flow highlights a potential red flag in market momentum. The CMF indicator gauges capital inflows and outflows by factoring in both price and volume. Sustained positive readings usually reflect strong buying interest and healthy participation, while a decline toward zero or negative territory suggests weakening inflows. In this case, the bearish divergence emerges as MYX pushes higher while the CMF trends lower, showing that money flow is drying up despite rising prices. This reflects reduced buyer conviction and adds to the pressure on MYX, increasing the likelihood of a near-term price reversal.