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【$MYX Signal】Long, callback to long + 1H middle rail support
$MYX After consecutive volume-driven surges on 4H, a long upper shadow appeared at the high, indicating clear selling pressure. A large 1H bearish candle directly broke through EMA20, causing a buying gap near 0.0955. 1H RSI pulled back to 52.64, momentum is fading but not weakening. The 1H Bollinger Band middle rail at 0.0956 forms strong support, and the order book depth Bid/Ask ratio is 0.92, with slightly more sell-side orders, but order density near 0.0958 suddenly increased. 4H MACD remains above the zero line, the trend is unbroken.
🎯Direction: Long
⚡Entry/Limit order: 0.096510 - 0.096800
🛑Stop loss: 0.095832
🚀Target 1: 0.098252
🚀Target 2: 0.098978
🛡️Trade management: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If the price falls back to the entry, exit automatically to protect principal.
Be cautious of overhead resistance during the rebound; target 2 corresponds to the 4H previous high area. The risk-reward ratio is acceptable. Strictly follow the stop loss.
View real-time quotes 👇 $MYX
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