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$MYX Signal | 4H momentum continues, 1H short squeeze structure sets up long orders
$MYX Funding rate 0.018%, OI stable, 1H buy orders stacked three times in a row in the 0.1056-0.1124 range, MACD histogram shrinking but fast and slow lines remain positive. After hitting the intraday high of 0.1195, a pullback occurred, and buy orders absorbed at a decent speed. The 4H Bollinger upper band at 0.1180 is currently a resistance.
Understanding: Short-term profit-taking did not trigger panic selling. Orders are dense around 0.1110, and capital support intent is observable.
🎯Direction: LONG
⚡Entry/Limit: 0.111900 (recommended to take the middle value within the range 0.111764-0.112100)
🛑Stop Loss: 0.110979
🚀Target 1: 0.113782
🚀Target 2: 0.114622
🛡Trade Management: - Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry, exit automatically.
Order book depth Bid/Ask ratio 0.98, buy and sell near equilibrium, but funding rate remains positive, market bullish sentiment has not faded. 4H MACD histogram is gradually shortening. If it breaks above the previous high of 0.1195, upside space will open. Current risk-reward ratio is reasonable.
View real-time quotes 👇 $MYX
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