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$BAS Signal】The risk of chasing the rise is extremely high; wait for a pullback to go long.
$BAS The 1H RSI has soared to 77, and the 4H RSI is even as high as 82, indicating that buying power is severely overextended.
The price is tightly hugging the upper band of the 1-hour Bollinger Bands, and the 4-hour MACD histogram is still expanding, but signs of weakening bullish momentum are beginning to appear.
Market depth imbalance is at 13.37%, with buy orders stacking up, but selling pressure above could be released at any time.
Currently, the risk of chasing the high is very high, and