$MYX Signal】Bullish breakout above Bollinger upper band, funding rate is relatively high, increasing game of tug-of-war


$MYX Funding rate is 0.03%, with 62% of deep sell orders, clear gap in buy orders. 1H RSI is 78, approaching overbought zone, but 4H MACD bars are still expanding, price is close to the upper band at 0.2838.
Bull-bear struggle is intense, risk-reward ratio is acceptable, but caution is needed for potential pullback at high levels.
🎯Direction: Long
⚡Entry/Order: 0.282550 - 0.283400
🛑Stop loss: 0.269230
🚀Target 1: 0.304655
🚀Target 2: 0.315283
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Deep logic: OI remains stable but funding rate rises to 0.03%, despite large sell order depth, price has not fallen back, indicating strong main force support. 1H MACD is shrinking, but 4H remains bullish, short-term breakout above the upper band may accelerate, but strict stop-loss is necessary when chasing high.
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MYX25.45%
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