$MYX Signal】Long position in 1H overbought zone, clear support from funds


$MYX Deep sell order depth at 37%, repeatedly testing the 0.2648-0.2839 range, 4H MACD histogram continues to expand but 1H has converged, Bollinger Band upper band at 0.2869 forms short-term resistance.
Funding rate at 0.0309% approaching high, short-term bulls' profit-taking accumulating.

🎯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 entry zone, automatically exit to protect principal.

Current risk-reward ratio is about 1.5, if funding rate continues to rise, it may trigger a bull trap, but buy support around 0.2776 remains decent.
1H RSI at 78, in high zone, chasing longs involves short-term volatility risk.

Check real-time market 👇 $MYX
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MYX25.45%
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