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【$MYX Signal】Long + 1H Bollinger Band middle band support, funding rate neutral
$MYX RSI 1H 61.83, funding rate 0.005% no short squeeze pressure. The 1H Bollinger Band middle band at 0.3712 forms short-term support. After the price retraces, it quickly rebounds to 0.3954. The 4H MACD histogram is 0.0072 and keeps contracting—upward momentum weakens, but the direction has not broken. The sell order depth ratio is 0.64: selling pressure is slightly heavier, but buyers actively place orders around 0.394.
🎯Direction: Long
⚡Entry/Order: 0.394214 - 0.395400
🛑Stop loss: 0.375630
🚀Target 1: 0.425055
🚀Target 2: 0.439883
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the breakeven level. If the price drops back to the entry level, automatically exit to protect the principal.
The current risk-reward ratio is about 1.5, and the stop loss distance is within 5%, making it a short-term trade with controllable risk. The 4H upper band at 0.4050 is the first resistance; only after a breakout can Target 1 be continued.
View real-time market 👇 $MYX
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