$MYX Signal】Long position: 1H volume breakout above the Bollinger Band upper band, buying depth dominates


$MYX The 4H Bollinger Band is already opening up, with the upper band at 0.2136 broken by a solid bullish candle, current price at 0.2176 staying above. The 1H MACD histogram is expanding positively, with the fast and slow lines continuing upward. Buying depth is 19.65%, and the capital support is obvious. The current risk-reward ratio is reasonable, short-term momentum is sufficient, suitable for direct long entry.
🎯Direction: Long
⚡Entry/Order: 0.216947 - 0.217600
🛑Stop loss: 0.215424
🚀Target 1: 0.220864
🚀Target 2: 0.222496
🛡️Trade management: - Execution strategy: after reaching Target 1, reduce position by 50%, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: 1H RSI at 64.5 has not yet oversold, price is trading between the middle and upper bands of the Bollinger Band, 4H RSI at 70.2 still has room to rise. The order book shows more buy orders than sell orders, continuously sweeping upward. Under this structure, chasing longs may have the risk of chasing high, but after a strong breakout, stop-loss is clear, and the risk-reward is better.
Check real-time market 👇 $MYX
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MYX15.34%
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