【$MYX Signal】Short squeeze long pursuit / 1H level momentum explosion

$MYX 1H level RSI soared to 97.6, buy depth is 35% thicker than sell depth, funding rate is 0.1% positive.
Price has broken through the 1H Bollinger upper band at 0.4759, EMA20 forms a strong support zone at 0.3134.
MACD histogram continues to expand to 0.0328, bullish momentum remains intact.
Under this structure, the risk of chasing high is offset by sustained buying pressure.

🎯Direction: Long

⚡Entry: Enter at the current price of 0.5356 directly, or place orders in the 0.5329-0.5383 range for ambush.

🛑Stop loss: Below 0.5286, a break indicates the short squeeze logic has failed in the short term.

🚀Target 1: 0.5576, a former resistance turned support level.

🚀Target 2: 0.5672, based on conservative momentum extension calculation.

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price.
- If the price retraces to EMA20 without breaking, consider adding a second position.

Order book depth imbalance is 14.7%, active order consumption favors sellers but the price still pushes higher, a typical early-stage short squeeze feature.
Stable open interest combined with positive funding rate provides ample fuel for short covering.
Six consecutive bullish candles on the 1-hour chart, volume gradually enlarges, fully exposing the capital support intent.
In this market condition, precise stop loss is more important than perfect entry.

Check real-time market 👇 $MYX
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