【$BEAT Signal】1H level short squeeze followed by strong consolidation, pullback is a buying opportunity

$BEAT The 1H level has experienced a massive rally and is now consolidating strongly in the 0.305-0.325 range. The 4H level has confirmed a breakout of the previous consolidation platform, indicating a trend reversal to bullish. Currently, the 1H RSI is in the overbought zone, but the price is refusing to undergo a deep correction, and open interest remains stable, showing that bulls are in control. This is a typical strong consolidation pattern after a short squeeze, waiting for a second upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 0.3050 - 0.3080 (Reason: 1H EMA20 dynamic support zone and the dense trading area of the previous hour's candlestick)

🛑Stop loss: 0.2980 (Reason: Break below the start of the 4H large bullish candle and ATR lower band)

🚀Target 1: 0.3250 (Reason: Previous high resistance and the high point of the hourly candlestick wick)

🚀Target 2: 0.3450 (Reason: 1.618 Fibonacci extension based on the height of the rally segment)

🛡️Trade management:

- Position size suggestion: Light position (Reason: Daily gains are already significant, volatility is extremely high)

- Execution strategy: After the price reaches 0.3250, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.3080. If the price cannot hold above 0.3250 and falls back, exit all positions.

Deep logic: In the past 4 hours, the price surged over 20%, but open interest remained stable, indicating that the move is not solely driven by short covering but also new long positions entering. Market depth data shows unusually thick buy orders in the 0.306-0.308 range, forming a support barrier. The 1H RSI is as high as 85, indicating overbought risk, but the characteristics of Hot Coins allow RSI to remain high without immediate correction. The core logic is to seize the first correction of strong coins as a second entry opportunity, leveraging their high volatility to capture short-term profits.

Trade here 👇 $BEAT

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