【$BEAT Signal】Pullback on the Long + Healthy Retracement After 4H Strong Breakout
$BEAT The 1H timeframe is currently in a healthy retracement consolidation after a strong rally. The 4H timeframe has broken through the previous consolidation zone with increased volume, forming a clear upward trend. The current price is supported near the 1H EMA20 (0.2452), and open interest remains stable with no signs of large-scale capital outflows. This indicates a shakeout by the main force rather than a distribution signal. The pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.2480 - 0.2495 (Reason: Retracement to 1H EMA20 support zone and the previous 1H dense trading area)
🛑Stop Loss: 0.2445 (Reason: Break below 1H EMA50 and the previous retracement low of 0.2452, confirming weakening of the retracement)
🚀Target 1: 0.2620 (Reason: Previous 4H high resistance level)
🚀Target 2: 0.2700 (Reason: 4H previous high and 1.618 Fibonacci extension level)
🛡️Trade Management:
- Position suggestion: Standard position (Reason: Clear 4H trend, healthy 1H retracement structure, risk-reward ratio >1.5)
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2; if the price stalls near Target 1, consider taking full profit.
Deep logic: Three consecutive volume-increasing bullish candles on the 4H chart establish a bullish dominance. The latest candle is a high-level doji star, indicating normal consolidation. The 1H RSI(57.24) has fallen from overbought into a healthy zone, preparing for another upward move. Market depth shows sell orders accumulated between 0.2503-0.2515, but buy support below is stronger (0.2480-0.2500), limiting the retracement space. Open interest remains high at 18.32 million, and funds have not exited, combined with positive funding rates, indicating that short squeeze risk persists.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$BEAT Signal】Pullback on the Long + Healthy Retracement After 4H Strong Breakout
$BEAT The 1H timeframe is currently in a healthy retracement consolidation after a strong rally. The 4H timeframe has broken through the previous consolidation zone with increased volume, forming a clear upward trend. The current price is supported near the 1H EMA20 (0.2452), and open interest remains stable with no signs of large-scale capital outflows. This indicates a shakeout by the main force rather than a distribution signal. The pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 0.2480 - 0.2495 (Reason: Retracement to 1H EMA20 support zone and the previous 1H dense trading area)
🛑Stop Loss: 0.2445 (Reason: Break below 1H EMA50 and the previous retracement low of 0.2452, confirming weakening of the retracement)
🚀Target 1: 0.2620 (Reason: Previous 4H high resistance level)
🚀Target 2: 0.2700 (Reason: 4H previous high and 1.618 Fibonacci extension level)
🛡️Trade Management:
- Position suggestion: Standard position (Reason: Clear 4H trend, healthy 1H retracement structure, risk-reward ratio >1.5)
- Execution strategy: After entering, if the price quickly rises to Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2; if the price stalls near Target 1, consider taking full profit.
Deep logic: Three consecutive volume-increasing bullish candles on the 4H chart establish a bullish dominance. The latest candle is a high-level doji star, indicating normal consolidation. The 1H RSI(57.24) has fallen from overbought into a healthy zone, preparing for another upward move. Market depth shows sell orders accumulated between 0.2503-0.2515, but buy support below is stronger (0.2480-0.2500), limiting the retracement space. Open interest remains high at 18.32 million, and funds have not exited, combined with positive funding rates, indicating that short squeeze risk persists.
View real-time market 👇 $BEAT
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包