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

MYX completed a textbook-style volume-price resonance breakout on the 4-hour level. Core data chain: On March 15, 04:00-08:00 (UTC), the 4-hour K-line saw trading volume surge from 6.5 million to 102 million, an increase exceeding 15 times, with price reaching a high of 0.5164 from 0.3628, representing a 42.4% gain. During the same period, open interest remained stable at 22.38 million USD at elevated levels, ruling out pure leverage speculation—this is genuine incremental capital inflow. Current 1-hour RSI has healthily pulled back from the overbought zone (79.95) to 61.95, which is strong consolidation range.

🎯 Direction: Long

⚡ Entry: 0.4250 - 0.4350

🛑 Stop Loss: 0.3703

🚀 Targets: 0.5516 / 0.6241

🛡 Strategy: Close half position at target 1, move stop loss on remaining position to entry price, risk-free play for higher space.

Logic: The chart reveals a typical short squeeze structure. First, the daily chart shows price continuously declining from 2.278 on February 14 to 0.348 on March 14, a drop of nearly 85%, with short covering fuel (profit-taking orders) extremely abundant. Second, this breakout accompanied massive volume, but the Buy/Sell Ratio consistently fluctuates around the 0.5 neutral level, even dropping to 0.41 on the final 1-hour K-line, indicating that the rise is driven by active buying (Taker), not passive selling exhaustion. Third, order book depth shows that asks (Asks) have accumulated massive pending orders in the 0.4363-0.4370 zone (cumulative exceeding 38,000), but price consolidates with reduced volume around 0.4365, while bids (Bids) form a thick support wall in the lower 0.4350-0.4340 zone (cumulative exceeding 46,000), indicating that main capital is digesting upper-side selling pressure and building a defense line. The path of least resistance is upward; once digestion is complete, it will easily break through the weak selling zone.

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