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

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

After the breakout, price retraced with diminishing volume. From 12:00 to 20:00 across three 4H candles, volume decreased progressively from 52M, 25.86M to 18.53M. On the 1H level, price oscillated within the 0.3883-0.4025 range with buy-side depth significantly stronger than sell-side. Order book shows total buy orders from buy 1-10 reaching 183k, while sell orders total only 47.7k, with buy-side depth 3.84x that of sell-side, forming solid support walls.

Open Interest (OI) remained stable without significant decline during pullback, indicating bull positions from the breakout did not panic exit. Current price 0.408 is retesting the dynamic support formed by 1H EMA20 (0.4033) and EMA50 (0.3817). 4H RSI at 64.66 is in healthy bullish zone without overbought pressure.

🎯Direction: Long

⚡Entry: 0.395 - 0.405

🛑Stop Loss: 0.382

🚀Targets: 0.480 / 0.519

🛡Strategy: Take profit 50% of position at 0.480, move stop loss to entry price with remaining position targeting second objective.

Logic: Depth data reveals counter-party structure. Sell-side has dense orders in 0.4080-0.4090 range (approx. 10k), but buy-side accumulates massive orders starting from 0.4060, especially with 20k buy orders at 0.4058 and nearly 120k at 0.4057. This structure shows major capital constructing a powerful "buy firewall" below key support to prevent deep retracements and absorb selling pressure. Contraction pullback with abnormally strong buy depth is typical "wash and accumulate" structure, not distribution. Path of least resistance remains upward, aimed at clearing floating chips before the 0.5164 high for second surge.

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