【$MYX Signal】Long! 1H strong breakout and retest, main force clearly defending the market

$MYX The 1H timeframe has experienced a massive rally and is currently in a healthy retracement and consolidation phase. The price is hovering around 0.488, right above the 1H EMA20 (0.4676), and the 1H RSI (56.12) remains in a neutral to slightly strong zone, not entering overbought territory. Although the 4H level is still oscillating, yesterday’s huge bullish candle (over 40% increase) has laid a solid foundation for short-term strength. Current open interest remains stable, and combined with order book data, sell orders are accumulating above 0.502, while buy depth in the 0.47-0.48 range is unusually thick, indicating strong support from the main force. This is a typical retest after a breakout confirmation and an excellent opportunity for a second entry.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.485 - 0.492 (gradually enter near current price)

🛑 Stop-loss: 0.465 (break below 1H EMA50 and yesterday’s breakout low)

🚀 Target 1: 0.525 (resistance near previous high)

🚀 Target 2: 0.550 (4H previous high and psychological level)

🛡️ Trading Management:

- Position suggestion: Standard position (Reason: 1H breakout structure is clear, support below is dense, risk-reward ratio is optimal)

- Execution strategy: After entering, if the price smoothly reaches Target 1 (0.525), immediately reduce position by 50% to lock in profits, and move the remaining stop-loss up to the entry price of 0.492 (break-even). Hold the remaining position for Target 2. If the price cannot hold above 0.50 and falls back into the entry zone, stay alert and exit decisively if the stop-loss is hit.

Deep logic: In the past 24 hours, the price has increased by 26%, but open interest remains stable. This is not purely retail FOMO but more like main force capital controlling the rhythm. The EMA20 and EMA50 on the 1H chart have formed a bullish alignment, providing dynamic support for short-term upward movement. The order book imbalance is 2.25% favoring buyers, with over 300,000 USDT buy orders in the 0.47-0.48 range, forming a solid “moat.” Market logic indicates upward movement, and combined with stable OI, it suggests bullish main force control rather than a short squeeze. The retest is an opportunity.

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