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【$MYX Signal】Pullback to go long, betting on a second push up
$MYX 1H-level MACD dead cross below the zero line is spreading. The price has fallen from the 0.415 high to hover around 0.308. The middle band of the 4H Bollinger Bands at 0.2486 forms strong support below, and the 1H-level EMA50 near 0.2841 forms the first line of defense. The order book buy depth is 30% higher than the sell depth, with a clear intention to provide capital support.
When the price pulls back to around 0.284, go long directly; around the current price near 0.308, you can also try with a small position.
🛑 Stop loss: place below 0.2444.
🚀 Target 1: look for 0.3093.
🚀 Target 2: look for 0.3310.
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut the position by 50% and move the stop loss up to breakeven. If the price drops back into the entry area, exit automatically to protect principal.
The 4H MACD histogram bars are still above the zero line, meaning the uptrend has not been fully broken. On the 1-hour timeframe, trading volume shrinks as the price falls, showing signs that selling pressure has weakened. The current risk-reward is acceptable—the key is whether the price can stabilize above 0.284 and form a new upward pushing platform.
View real-time market 👇 $MYX
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