【$MYX Signal】Long - 1H pullback confirmation, clear institutional support intent

$MYX is currently in a healthy pullback and consolidation phase after yesterday's sharp surge on the 1H timeframe, with the price stabilizing above key EMA support. The 4H timeframe has established a clear upward trend, with open interest remaining stable, indicating that funds have not exited and that the main force's support intention is evident. The current 1H candlesticks show strong bid depth, and RSI indicates healthy momentum without signs of overbought exhaustion—this is a typical strong consolidation, building energy for the next upward move.

🎯 Direction: Long

⚡ Entry/Pending Orders: 0.3277 - 0.3361 range, staggered entries

🛑 Stop Loss: 0.3264

🚀 Target 1: 0.3750

🚀 Target 2: 0.3944

🛡️ Trade Management:
- Execution Strategy: When the price reaches Target 1, reduce the position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price decisively breaks through Target 1 and stabilizes, hold the remaining position to aim for Target 2.

Deep Logic: After volume expansion on the 4H timeframe broke through the long-term consolidation range, open interest did not decrease during the pullback—this is a classic "price drops, volume remains stable, institutional accumulation" signal. The 1H RSI pulled back from high levels to a healthy zone, providing a good re-entry opportunity. Order book data shows bid depth significantly exceeds ask depth, with strong support below, making it difficult for bears to break through easily. Coupled with positive funding rates, market bullish sentiment is still brewing—pullbacks are opportunities.

View live chart 👇 $MYX
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