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【$BEAT Signal】Long - 1H pullback confirmation, main force clearly intends to support the price
$BEAT The 1H timeframe has experienced a massive rally and is now undergoing a healthy consolidation with decreasing volume. The price is supported around 0.343, with strong buying depth, indicating a clear intention by the main force to support the price. The 4H timeframe has formed a strong breakout structure. The current pullback to the EMA20 (1H) is an excellent second entry opportunity.
🎯Direction: Long
⚡Entry/Order: 0.3199 - 0.3271 (suggest entering in batches)
🛑Stop Loss: 0.3050
🚀Target 1: 0.3660
🚀Target 2: 0.3850
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position for profit-taking; if the price drops below 0.3400, exit all positions.
Depth Logic: The open interest remains stable after the price surge, indicating it’s not just a short squeeze but that funds are being absorbed. The 1H RSI has fallen back from high levels to 63, showing healthy momentum and building strength for another rise. Market depth data shows buy orders significantly outweigh sell orders, with dense support below. The 4H has stabilized above all moving averages, confirming the trend. Combined with positive funding rates, market sentiment is bullish but not overheated, and a short squeeze could continue.
View real-time market 👇 $BEAT
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