【$MYX Signal】Long · 4H Bollinger Upper Band Breakout + High Funding Rate Pressuring Shorts

$MYX RSI 4H surged to 72.29, Bollinger upper band at 0.2538 has been firmly supported by three consecutive candles. The funding rate at 0.0239% is relatively high, open interest remains stable, and the willingness for short positions to add is clearly insufficient. MACD 4H bullish bars are still expanding, but the 1H bars are beginning to contract—short-term momentum is waning, but the trend has not reversed. Market depth imbalance at -30.56%, sell orders far exceed buy orders, yet the price has not effectively broken below 0.25, indicating strong support below.
🎯Direction: Long
⚡Entry/Order: 0.254833 - 0.255600
🛑Stop Loss: 0.253044
🚀Target 1: 0.259434
🚀Target 2: 0.261351
🛡️Trade Management: - After reaching Target 1, reduce position by 50%, move stop loss to break-even. If price revisits the entry zone, exit proactively.
Buyers near 0.25 are still able to support, current risk-reward ratio is 1.5, short-term trading value exists.
Check real-time market 👇 $MYX
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