【MYXUSDT Signal】Long: 4H Massive Breakthrough + Short Squeeze Structure
MYXUSDT completed a key structural breakout on the 4-hour timeframe. Core evidence chain: 1) Price breakout: 4H candle surged violently from 0.3628 to 0.5085, breaking through the upper band of approximately one month's consolidation zone (around 0.365). 2) Volume-price resonance: During the breakout period (March 15, 04:00-08:00), 4H trading volume surged to 67.47 million and 44.71 million, over 10 times the recent average volume, buy pressure is genuine. 3) Open interest stable: OI remains stable with no decline from profit-taking, long positioner confidence is resolute. 4) Technical indicators extreme but not invalidated: 1H RSI reached 91.68, showing overbought, but 4H RSI is 87.57, in strong trending scenarios can serve as momentum continuation reference rather than reversal signal. 5) Order book structure: Buy-side depth significantly exceeds sell-side (total buy orders from bid1 to bid20 far exceed ask-side), price forms solid support wall in 0.508-0.510 zone, downside resistance is enormous.
🎯 Direction: Long
⚡ Entry: 0.5050 - 0.5120 (Intervene on pullbacks to the dense buy order zone below)
🛑 Stop Loss: 0.4850 (Break below the starting point of massive bullish candle and buy support zone below)
🚀 Targets: 0.5529 / 0.6276 (Calculated based on ATR and previous resistance structure)
🛡 Strategy: When price reaches first target 0.5529, reduce position by 50%, move stop loss of remaining position to entry price, zero-risk play for second target.
Logic: The chart presents typical short squeeze structure. Price declined from February high of 2.278 to 0.2967, a decline of nearly 87%, short fuel nearly exhausted. This bottom reversal with massive volume is the main force's liquidation of extreme pessimism. Order book buy orders piled up like mountains, indicating large capital actively absorbing at current levels, locking down downside space. Positive funding rate (0.0050%) means longs pay costs, which actually filters out short-term speculation, favorable for trend continuation. Direction of least resistance clearly upward, short stop-loss orders will be the main fuel for subsequent upside.
【MYXUSDT Signal】Long: 4H Massive Breakthrough + Short Squeeze Structure
MYXUSDT completed a key structural breakout on the 4-hour timeframe. Core evidence chain: 1) Price breakout: 4H candle surged violently from 0.3628 to 0.5085, breaking through the upper band of approximately one month's consolidation zone (around 0.365). 2) Volume-price resonance: During the breakout period (March 15, 04:00-08:00), 4H trading volume surged to 67.47 million and 44.71 million, over 10 times the recent average volume, buy pressure is genuine. 3) Open interest stable: OI remains stable with no decline from profit-taking, long positioner confidence is resolute. 4) Technical indicators extreme but not invalidated: 1H RSI reached 91.68, showing overbought, but 4H RSI is 87.57, in strong trending scenarios can serve as momentum continuation reference rather than reversal signal. 5) Order book structure: Buy-side depth significantly exceeds sell-side (total buy orders from bid1 to bid20 far exceed ask-side), price forms solid support wall in 0.508-0.510 zone, downside resistance is enormous.
🎯 Direction: Long
⚡ Entry: 0.5050 - 0.5120 (Intervene on pullbacks to the dense buy order zone below)
🛑 Stop Loss: 0.4850 (Break below the starting point of massive bullish candle and buy support zone below)
🚀 Targets: 0.5529 / 0.6276 (Calculated based on ATR and previous resistance structure)
🛡 Strategy: When price reaches first target 0.5529, reduce position by 50%, move stop loss of remaining position to entry price, zero-risk play for second target.
Logic: The chart presents typical short squeeze structure. Price declined from February high of 2.278 to 0.2967, a decline of nearly 87%, short fuel nearly exhausted. This bottom reversal with massive volume is the main force's liquidation of extreme pessimism. Order book buy orders piled up like mountains, indicating large capital actively absorbing at current levels, locking down downside space. Positive funding rate (0.0050%) means longs pay costs, which actually filters out short-term speculation, favorable for trend continuation. Direction of least resistance clearly upward, short stop-loss orders will be the main fuel for subsequent upside.
Check real-time chart 👇 MYXUSDT
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