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【$MYX Signal】Short squeeze pullback, sniper second pulse
$MYX 1H level RSI surges to 95, buying pressure exhausted in a very short time. The upper band of the 4H Bollinger Bands is directly broken through, and the price has deviated significantly from the moving average. Market depth shows buy orders account for 21.24%, active selling pressure begins to emerge.
Price quickly falls back from above 0.38, bulls need a healthy pullback to digest overbought conditions. The 1H MACD histogram is still expanding, but signs of waning momentum have appeared. Open interest remains stable, with a fee rate of only 0.028%, no large-scale bull liquidation risk at the moment.
🎯Direction: Pullback to go long
⚡Entry/Order: Within the 0.2410 - 0.3803 range, focus on hiding orders at 0.25-0.27, which was the launch platform of the previous rally.
🛑Stop loss: 0.2329
🚀Target 1: 0.2571
🚀Target 2: 0.2651
🛡️Trade management:
- Execution strategy: After the price reaches 0.2571, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.25 and falls below the entry zone again, exit unconditionally. Under this volatility, risk-reward ratio must be prioritized.
Check real-time market 👇 $MYX
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