【$BAS Signal】1H pullback confirmation, sniper for secondary rally

$BAS The 1H timeframe has experienced a massive surge and is currently in a healthy flag consolidation phase. The price is oscillating within the 0.0054-0.0058 range, with the 1H EMA20 (0.0053) forming a strong dynamic support. The 4H timeframe has confirmed a breakout of the previous consolidation box, indicating a trend reversal to bullish. The current pullback presents an excellent opportunity for a second entry. Open interest remains stable, and funds have not significantly withdrawn, maintaining a bullish pattern.

🎯Direction: Long (Long)

🎯Entry/Order: 0.00545 - 0.00550 (Reason: 1H EMA20 support zone resonating with the lower boundary of the flag )

🛑Stop Loss: 0.00525 (Reason: Break below the lower boundary of the flag and the previous 1H candle low )

🚀Target 1: 0.00590 (Reason: Previous high resistance and the upper boundary of the flag )

🚀Target 2: 0.00630 (Reason: Based on the flag height measured at 1:1 ratio )

🛡Trade Management:

- Position Size: Light (Reason: Hot Coin experiences high volatility, risk control is essential )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price. If the price strongly breaks through 0.0059, consider aiming for 0.0063 with the remaining position.

Deep Logic: The 4H buy-side strength is robust, with the latest 4H candle showing high volume, a clear signal of institutional entry. The 1H RSI (61.39) has healthy retracement from overbought levels, preparing for further upward movement. Market depth data (bid_ask_ratio_depth: 1.19) slightly favors buy orders, with dense support below. Combined with positive funding rates, market sentiment is bullish but not overheated, leaving room for continued upward movement.

Trade here 👇 $BAS

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL