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$MYX Signal: 1H order book under pressure but 4H trend supports bottom, snipe pullback to go long
$MYX Current price is just above EMA20_1h (0.1007), with the 4H Bollinger middle band (0.0884) moving up from the low to provide support. Depth imbalance of -14.23% suggests concentrated selling, but the 4H MACD histogram is still in positive territory, indicating an intense bull-bear battle.
🎯Direction: long
⚡Entry/Limit Order: 0.103090 - 0.103400
🛑Stop Loss: 0.102366
🚀Target 1: 0.104951
🚀Target 2: 0.105727
🛡️Trade Management:
- Execution Strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to the entry level, exit automatically to protect principal.
In-depth logic: Although the 1H MACD is weakening, the fast line is still above the zero line, and the 4H bullish trend hasn't broken. Order book selling pressure is concentrated in the 0.1016-0.1020 area, where the order volume is limited. The stop loss at 0.102366 is just below this area, making the stop loss range controllable. The risk-reward ratio is 1.5, worth the bet.
View real-time quotes 👇 $MYX
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