【MYX Signal】Pending Long Order: Volume Compression Retest of Key Support, Main Force Washout Phase Ending

MYX 1-hour chart presents a clear structure of volume surge followed by volume compression pullback. After two massive K-lines surged to 0.5164 between 10:00-11:00, volume plummeted from 32.46 million to 3.69 million, a decline exceeding 90%, yet price consolidated in a narrow range of 0.4003-0.4062, rejecting deeper decline. Buy/Sell ratio remains below 0.5 continuously, indicating retail selling pressure, but order book depth shows buy orders (0.4010-0.4023 range) significantly thicker than sell orders (0.4024-0.4043 range), forming support cushion. 1-hour EMA50 (0.3745) constitutes strong support below, resonating with the upper edge of the daily-level consolidation zone lasting a month. Current price 0.4022 hugs EMA20 (0.4085), representing healthy technical retest.

🎯 Direction: Pending Long

⚡ Entry: 0.3980 - 0.4010

🛑 Stop Loss: 0.3670

🚀 Targets: 0.4645 / 0.4969

🛡 Strategy: Reduce position by half after hitting Target 1, move remaining position to breakeven, and chase Target 2.

Logic: Extreme volume compression consolidation after massive surge is typical main force washout chip-gathering structure. Retail investors panic-sell due to weak buy/sell ratio, but order book buy depth locks in downside space. Price stabilizes above key MA and prior daily platform, showing bears lack power to push price below volume surge area, indicating sell pressure exhaustion. Main force clears floating chips through volume compression oscillation to accumulate power for second wave up. Upside is the path of least resistance.

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