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【$BAS Signal】Breakout and rebound, long positions sniper
$BAS The 4H level price has already broken above the Bollinger upper band, MACD fast and slow lines diverge upward, but the 1H MACD histogram is shrinking, indicating momentum is slightly slowing. Sell orders are stacking above 0.00873, forming a short-term resistance.
The price repeatedly tests around 0.0087, with thick buy orders in the 0.00869 to 0.00865 range below, showing clear support intent. This oscillation is a typical switch between bulls and bears, not a trend exhaustion.
🎯Direction: Long
⚡Entry: Enter immediately at the current price of 0.008673
🛑Stop Loss: 0.006467
🚀Target 1: 0.008712
🚀Target 2: 0.008747
🛡️Trade Management: - Execute strategy: halve the position at Target 1, move the remaining stop loss up to the entry price. If the price cannot quickly break through 0.00875, consider exiting early.
The 1-hour RSI is around 60, not overbought, leaving room for upward movement. Position volume is stable, funding rate at 0.0254% provides positive incentives, and the bullish structure remains intact. The current risk-reward ratio is acceptable; the key is whether the price can quickly break away from the current dense trading zone.
View real-time market 👇 $BAS
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