【MYXUSDT Signal】Long: Volume Confirmation After 4H Breakout and Pullback

Price completed a key breakout within the 4H cycle on March 15. The first 4H candle (04:00-08:00) rallied from 0.3628 to 0.4357 with trading volume of 60.47M, followed by the second candle (08:00-12:00) expanding volume to 102M with price reaching a high of 0.5164. This is a classic volume-price resonance breakout with clear signs of institutional capital entry.

After the breakout, price pulled back but the retracement showed volume contraction characteristics. From 12:00 to 20:00, the three 4H candles showed volume declining sequentially from 52M, 25.86M to 18.53M. On the 1H timeframe, price oscillated within the 0.3883-0.4025 range with buy-side depth significantly outperforming sell-side. Order book shows buy orders 1-10 totaling 183K, while sell orders 1-10 totaled only 47.7K, with buy-side depth 3.84x the sell-side, forming a solid support wall.

Open Interest (OI) remains stable without significant decline during pullback, indicating that long positions that entered on the breakout have not panic-exited. Current price 0.408 is retesting the dynamic support formed by 1H EMA20 (0.4033) and EMA50 (0.3817). 4H RSI 64.66 is in a healthy strong zone without overbought pressure.

🎯Direction: Long

⚡Entry: 0.395 - 0.405

🛑Stop Loss: 0.382

🚀Targets: 0.480 / 0.519

🛡Strategy: Take profit at 0.480 for half position, move remaining position stop loss to entry price and aim for second target.

Logic: Depth data reveals counterparty structure. Sell-side has dense orders in the 0.4080-0.4090 range (approx 10K), but buy-side accumulates large orders starting from 0.4060, especially with 20K buy orders at 0.4058 and nearly 120K buy orders at 0.4057. This structure indicates institutional capital has established a powerful "buy-side firewall" below key support to prevent deep pullbacks and absorb market selling pressure. Pullback with volume contraction and unusually strong buy depth is a classic "shakeout and accumulation" structure, not distribution. The path of least resistance remains upward, aiming to wash out floating chips before the 0.5164 high for the next push up.

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