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

MYXUSDT completed a key structural breakout on the 4-hour timeframe. Core evidence chain: 1) Price breakout: 4H candle violently rallied from 0.3628 to 0.5085, breaking through the upper band of near one-month consolidation (approximately 0.365). 2) Volume-price resonance: During breakout period (March 15, 04:00-08:00), 4H trading volume surged to 67.47M and 44.71M, over 10x recent average volume, buy orders are genuine. 3) Open Interest stability: OI remains stable with no decline from profit-taking, bullish position confidence is firm. 4) Technical indicators extreme but not invalidated: 1H RSI reaches 91.68 showing overbought, but 4H RSI is 87.57, in strong trending markets it serves as momentum continuation reference, not reversal signal. 5) Order book structure: Buy depth significantly exceeds sell depth (total buy orders from level 1 to 20 far exceed sell side), price forms solid support wall in 0.508-0.510 range, downside resistance is massive.

🎯Direction: Long

⚡Entry: 0.5050 - 0.5120 (enter on pullback to dense buy orders below)

🛑Stop Loss: 0.4850 (break below start of massive bullish candle and buy support below)

🚀Targets: 0.5529 / 0.6276 (calculated based on ATR and previous structure)

🛡Strategy: At first target 0.5529 reduce position 50%, move stop loss on remaining position to entry price, risk-free play for second target.

Logic: Chart displays typical short squeeze structure. Price declined from February high of 2.278 to 0.2967, a drawdown of nearly 87%, short fuel nearly exhausted. This massive reversal at bottom is the capital's liquidation of extreme bearish sentiment. Order book accumulates buy orders like mountains, indicating major capital actively absorbing at current levels, locking down downside space. Positive funding rate (0.0050%) means longs pay costs, this actually filters out short-term speculation, favorable for trend continuation. Direction of least resistance clearly upward, short stop-losses will be main fuel for subsequent rally.

View live chart 👇 MYXUSDT
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