【$MYX Signal】Pullback to Long + 1H Level Strong Consolidation, Main Force Clearly Protecting the Market

$MYX The 1H level experienced a massive surge yesterday and is now in a strong consolidation at a high level, with the price building a platform within the 0.456-0.487 range. The key point is: the 1H EMA20 (0.459) has turned into support, and the latest 1H candlestick shows buy volume accounting for 53%, indicating that the bulls are still actively accumulating. Although the 4H level faces resistance at the previous high of 0.548, open interest remains stable, and the price is holding firm, refusing to undergo a deep correction. This is a typical sign of a strong consolidation.

🎯Direction: Long (Long)

🎯Entry/Order: 0.465 - 0.472 (Near current price of 0.478, waiting for a pullback to enter)

🛑Stop Loss: 0.445 (Break below the lower boundary of the 1H platform and EMA50 support)

🚀Target 1: 0.505 (Previous high resistance level)

🚀Target 2: 0.535 (Near the previous high on the 4H level)

🛡️Trading Management:

- Position suggestion: Standard position (Reason: Clear 1H trend, defined stop-loss space, favorable risk-reward ratio)

- Execution strategy: After reaching Target 1 at 0.505, reduce position by 50%, and move the remaining position’s stop-loss up to the entry price of 0.472. If the price strongly breaks through 0.505, hold the remaining position towards 0.535.

Deep Logic: The market shows extremely strong bullish resilience. Although the price has pulled back from the high point, open interest remains stable, with no significant capital outflow. The 1H RSI (55.6) is in a healthy zone, leaving room for further upward movement. Market depth indicates heavy buy orders accumulated in the 0.465-0.475 range (total over 100,000 USDT), forming a solid support cushion. Combining market logic suggests “price rising, main force entering or bears stepping on the brakes,” currently more likely to be main force pulling up and protecting the accumulation for the next surge.

View real-time market 👇 $MYX

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