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【$BEAT Signal】Pullback to go long, 1H level charging up and ready to launch
$BEAT After a sharp rise and pullback on the 1H level, RSI has fallen from above 70 to the neutral zone, buying depth remains strong at 5.11%. After piercing the upper band of the 4H Bollinger Bands at 0.5434, the price did not fall sharply, indicating clear support from funds. Although the 1H MACD histogram is shrinking, the fast and slow lines are still above zero, and bullish momentum has not exhausted.
The current price is oscillating around 0.55, chasing high directly offers poor risk-reward. A better strategy is to wait for the price to pull back to the 0.49-0.55 range and position for a rebound.
⚡Entry: Place a buy order near 0.49.
🛑Stop loss: 0.45.
🚀Target 1: 0.57.
🚀Target 2: 0.61.
🛡️Trade management: - Execute strategy: When the price reaches 0.57, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.55 and falls back again, consider exiting early.
On the 4H level, the MACD golden cross is widening, and the trend remains bullish. The 1-hour pullback seems more like a digestion of short-term overbought pressure rather than a trend reversal. The buy order ratio remains strong after the price pullback, showing solid support below. Under this structure, patiently waiting for a better entry price is more advantageous than blindly chasing the rise.
Check real-time market 👇 $BEAT
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