【MYXUSDT Signal】Long: 4H Massive Breakout + Short Squeeze Structure

MYXUSDT completed a key structural breakout at the 4-hour level. Core evidence chain: 1) Price breakout: 4H candle surged violently from 0.3628 to 0.5085, breaking through the upper band of the one-month consolidation zone (approximately 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, with genuine buying power. 3) Open Interest stability: OI remained stable with no decline from profit-taking, showing solid bullish confidence. 4) Technical indicators extreme but not invalidated: 1H RSI reached 91.68 showing overbought, but 4H RSI at 87.57 can serve as momentum continuation reference in strong unidirectional moves, not a reversal signal. 5) Order book structure: Buy-side depth significantly outweighs sell-side (total pending orders from bid1 to bid20 far exceed ask-side), forming a solid support wall at 0.508-0.510 zone with extreme downside resistance.

🎯 Direction: Long

⚡ Entry: 0.5050 - 0.5120 (Enter on pullbacks to 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 (Based on ATR and previous high structure calculation)

🛡 Strategy: Reduce position by 50% when price reaches first target 0.5529, move remaining stop loss up to entry price, risk-free play for second target.

Logic: The chart presents typical short squeeze structure. Price declined from February high of 2.278 to 0.2967, down nearly 87%, with short fuel nearly depleted. This bottom reversal on massive volume is the main force liquidating extreme pessimism sentiment. Order book piling with buy orders indicates large capital actively absorbing at current levels, locking down downside space. Positive funding rate (0.0050%) means longs pay costs, which filters out short-term speculation, favoring trend continuation. Direction of least resistance clearly upward; short stop-loss orders will be the main fuel for subsequent rallies.

View live chart 👇 MYXUSDT
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