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$MYX Signal】Long on breakout retesting support, 1H MACD bullish divergence
$MYX Order book thickness near 0.0983 exposed, Bid/Ask depth ratio 1.70, obvious buyer support intention. 1H MACD golden cross continues to diverge at high levels, RSI at 76 in overbought zone but not turning down. 4H Bollinger Bands opening upward, price running along upper band. Funding rate at 0.005% low, insufficient short momentum.
This kind of consolidation after a rally often attracts short chasing, but support at lower levels is decent.
🎯Direction: Long
⚡Entry/Limit order: 0.098005 - 0.098300
🛑Stop loss: 0.097317
🚀Target 1: 0.099774
🚀Target 2: 0.100512
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
OI stable with low funding rate, shorts dare not heavily resist, retail FOMO money may buy back. 4H Bollinger upper band at 0.1069 provides room for imagination, short-term resistance at 0.1005.
View real-time quotes 👇 $MYX
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