$BEAT Signal】Pullback to Long + 1H strong consolidation, preparing for a second surge



$BEAT The 1H timeframe entered a strong consolidation after yesterday's large bullish candle, with the price supported above EMA20(1H). The 4H timeframe has stabilized above key moving averages, and the bullish structure remains intact. Current open interest is stable, funding rates are neutral, indicating a healthy pullback, awaiting a secondary breakout.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2580 - 0.2600 (Reason: 1H EMA20 support zone and dense area of previous hour's low points)

🛑Stop Loss: 0.2515 (Reason: Break below recent 4H consolidation platform low and ATR(14) lower band)

🚀Target 1: 0.2690 (Reason: Previous high resistance level, near yesterday's high)

🚀Target 2: 0.2750 (Reason: 1.618 Fibonacci extension level, based on recent wave)

🛡️Trade Management:

- Position suggestion: Light position (Reason: Hot Coin experiences high volatility, control risk per trade)

- Execution strategy: If the price surges immediately after entry, take profit at Target 1 and reduce position by 50%, with remaining stop loss moved to entry price. If the price consolidates in the entry zone for more than 4 one-hour candles without a move, consider halving the position or exiting at breakeven.

Deep logic: After a 16% increase, the price has not retraced significantly. The 1H RSI(60.6) is in a healthy zone, leaving room for further upward movement. The order book shows accumulation of sell orders around 0.2605-0.2615; a breakout could accelerate. The 4H EMA20 and EMA50 form a golden cross support, indicating a bullish trend. Open interest remains stable, with no signs of major sell-offs, typical of a shakeout after a rally.

View real-time market 👇 $BEAT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BEAT1,57%
BTC0,73%
ETH0,82%
SOL2,76%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)