【MYXUSDT Signal】Long: Healthy Pullback Confirmation After Massive Breakout


On the 4-hour chart, the price started from 0.3569 and completed a massive breakout within two periods from 03-15 04:00 to 08:00. Key data: trading volume surged from 6.5 million to 102 million, an increase of over 15 times, with the price reaching a high of 0.5164. This is a typical volume-price resonance, indicating genuine capital inflow.
Subsequently, the price pulled back with reduced volume to around 0.395. The current 1-hour trading volume has shrunk to 3.33 million, only 3% of the peak. The buy/sell ratio remains stable around 0.5, showing weakening selling pressure. The order book depth reveals dense buy orders in the 0.398 to 0.400 range (totaling over 35,000), forming a solid support wall. Technical indicators show that the 4H EMA50 (0.3415) and 1H EMA50 (0.3752) create strong support bands below, with the current price exchanging chips above this zone.

🎯 Direction: Long

⚡ Entry: 0.3970 - 0.4020

🛑 Stop Loss: 0.3677

🚀 Targets: 0.4583 / 0.4885

🛡 Strategy: At target 1, reduce half of the position; move the remaining stop loss to the entry price for zero-risk pursuit of higher targets.

Logic: Deep order book data reveals difficulties for the opposing side. The massive rally followed by a volume pullback is a typical main force shakeout, aimed at clearing uncertain longs. Buy orders are heavily stacked in the order book, physically locking in the downside space. In a positive funding rate environment (0.0050%), short positions incur ongoing costs, fueling the next upward move. The current market structure indicates that breaking above the previous high of 0.5164 is the path of least resistance; the end of the shakeout marks the start of the second rally.
View real-time chart 👇 MYXUSDT
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