【$MYX Signal】Pullback to Long + 1H Strong Consolidation, Waiting for Second Push

$MYX The 1H timeframe has experienced a massive rally and is currently in a strong consolidation phase. The price is supported around 0.465, with the 1H EMA20 (0.454) and EMA50 (0.451) forming a bullish alignment, creating a dynamic support zone. Although the 4H timeframe is still in a long-term downtrend, the latest 4H candlestick with increased volume broke through the previous high, indicating that funds are starting to enter. The current 1H RSI (53.72) is in a healthy zone, gathering strength for another upward move. The order book shows buy-side depth (Bid/Ask Ratio: 1.47) is dominant, indicating an imbalance favorable to bulls.

🎯Direction: Go Long (Long)

🎯Entry/Order: 0.462 - 0.466 (Gradually around current price)

🛑Stop Loss: 0.452 (Break below 1H EMA50 and previous support low)

🚀Target 1: 0.495 (Previous 1H high and 4H EMA20 resistance)

🚀Target 2: 0.525 (Near yesterday’s high)

🛡️Trade Management:

- Position Size Recommendation: Light Position (Reason: The 4H major trend remains bearish. This is a counter-trend rebound play, requiring strict risk control )

- Execution Strategy: After the price reaches 0.495 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.466. If the price strongly breaks through 0.495 and stabilizes, hold the remaining position to aim for 0.525.

Depth Logic: The past 24 hours saw gains exceeding 12%, with trading volume surging—typical of Hot Coins. Although OI trend shows stability, combined with the buy-side depth during the pullback and no signs of panic selling, it indicates funds are absorbing at this level. The 1H technical structure is intact; the pullback is an opportunity. The key risk is the long-term downward trendline on the 4H timeframe, so a light position with quick entries and exits is essential; avoid fighting the trend.

Check real-time quotes 👇 $MYX

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