【MYXUSDT Signal】Long: Healthy Pullback Confirmation After Massive Breakout

On the 4-hour level, price launched from 0.3569 and completed a massive breakout within two cycles from 03-15 04:00 to 08:00. Key data: trading volume surged from 6.5 million to 102 million, an increase of over 15 times, with price reaching a high of 0.5164. This is typical volume-price resonance, with institutional capital genuinely entering the market.
Subsequently, price pulled back with declining volume to around 0.395. Current 1-hour trading volume has shrunk to 3.33 million, only 3% of peak volume. Buy/sell ratio remains stable around 0.5, indicating weakening selling pressure. Order book depth shows dense buy orders in the 0.398 to 0.400 range (cumulative over 35,000), forming a solid support wall. On technical indicators, 4H EMA50 (0.3415) and 1H EMA50 (0.3752) construct a strong support zone below, with current price exchanging positions above this area.

🎯 Direction: Long

⚡ Entry: 0.3970 - 0.4020

🛑 Stop Loss: 0.3677

🚀 Target: 0.4583 / 0.4885

🛡 Strategy: Reduce position by half upon reaching target 1, move stop loss of remaining position up to entry price, achieve zero-risk arbitrage for higher targets.

Logic: Deep data reveals counterparty dilemma. After massive rally and pullback with declining volume, this is typical institutional washing behavior aimed at shaking out weak longs. Order book buy orders pile up like mountains, downside space is physically locked. Under positive funding rate (0.0050%), short position costs continue, providing fuel for subsequent rallies. Current market structure shows that breaking above the previous high of 0.5164 is the path of least resistance, with the end of washing being the starting point for the second rally.
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