$MYX Signal】Pullback to go long, betting on a secondary rally


$MYX The 1H timeframe is building a platform around 0.276, with buying depth showing an imbalance of -15.81%, and short orders clearly dominant. The middle band of the 4H Bollinger at 0.2574 coincides with the EMA50, forming a strong support zone. The 1H MACD is brewing a bullish crossover below zero, with bearish momentum bars continuously shrinking.

Price is oscillating within the 0.2745 to 0.3131 range, with active support below.

⚡Current price at 0.2967, try a light long position directly, or place an order at 0.2745 for a trap.

🛑Defense must be set below 0.2494.

🚀First target is 0.3248, and after breaking through, look for 0.3499.

🛡️Trading management:
- Execution strategy: After reaching target 1, reduce position by 50%, and move the stop-loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

The 4-hour buy volume did not significantly increase during price declines, indicating that selling pressure is being absorbed. The 1H RSI is at a neutral 48, providing enough room for a rebound for the bulls. The current risk-reward ratio is close to 1:2, with manageable risk, and the key is whether the price can hold above the 1H EMA20 at 0.3137. Funding rates are slightly positive, with no extreme short squeeze risks.

View real-time market 👇 $MYX
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