【$MYX Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market

$MYX The 1H timeframe, after experiencing a significant rally, is currently consolidating strongly at high levels. The current price of 1.189 is tightly aligned above the 1H EMA20 (1.213) and EMA50 (1.195), forming a dense support zone. Although the 4H candle shows a long upper shadow, the latest candle quickly rebounded after a pullback, indicating strong buying interest. Open interest remains stable, funding rates are healthy, and order book depth favors buy orders over sell orders (depth imbalance -7.51%), clearly showing the main force's intention to defend the market. This is a typical strong consolidation pattern, preparing for the next upward move.

🎯 Direction: Long (Long)

🎯 Entry/Order: Enter in batches within the 1.180 - 1.195 range ( Reason: Support zone at 1H EMA50 & dense buy orders in the order book )

🛑 Stop Loss: 1.122 ( Reason: Break below key support at previous low & starting point of the 4H bullish candle )

🚀 Target 1: 1.350 ( Reason: Resistance at previous high on 1H & Fibonacci 0.382 retracement level )

🚀 Target 2: 1.550 ( Reason: Fibonacci 1.618 extension level & previous high area on 4H )

🛡 Trading Management:

- Position Size: Light ( Reason: Extremely high intraday volatility, ATR reaches 0.22, prioritizing controlled risk )

- Execution Strategy: Use staggered entries, with average price around 1.188. After reaching 1.350, reduce position by 50% and move stop-loss up to 1.250 (previous minor high). Hold remaining position for higher targets; if price falls back to the cost area of 1.188, exit unconditionally.

Depth Logic: Price sharply retreated from the high of 1.84, but open interest remained stable, with no signs of panic selling or forced long liquidation, indicating that the bulls' main force has not exited. The 1H RSI (50.24) is in a neutral zone with room for further upward movement. The order book shows large buy orders in the 1.18-1.17 range (over 50,000 contracts accumulated), forming a solid defense line. Combining market logic indicating "price rising, main force entering or shorts being squeezed," the current structure leans more towards a secondary rally after main force's market protection.

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