【$BAS Signal】Long + 1H Breakout and Retest Confirmation, Main Force's Intent to Support Clearly Visible

$BAS The 1H timeframe has experienced a massive surge and is now in a healthy retracement consolidation phase. The price is supported near the 1H EMA20, and the 4H timeframe has stabilized above the EMA50, forming multi-timeframe resonance support. Open interest remains stable and has not dropped significantly due to price correction, indicating that the main capital has not exited the market but is actively supporting at this price level. Market depth data shows selling pressure concentrated above 0.00775, while buy orders below are relatively thick, providing a buffer for the price. The RSI has fallen from high levels to a healthy zone, preparing for the next upward move.

🎯Direction: Long (Long)

⚡Entry/Order: 0.00705 - 0.00721

🛑Stop Loss: 0.00685

🚀Target 1: 0.00775

🚀Target 2: 0.00820

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price. If the price strongly breaks above 0.0080 and stabilizes, move the remaining stop loss up to 0.00765 to seek greater gains.

Order Book Logic: Over the past 24 hours, the price surged by 20%, but open interest remained stable. This is not simply retail FOMO but more like main force building positions or squeezing shorts. The 1-hour candlestick, after a volume breakout, retraced on decreasing volume, which is a classic breakout confirmation pattern. Coupled with negative funding rates, there is a risk of short squeeze, further increasing the probability of an upward breakout. The current retracement to the optimized entry zone offers an excellent risk-reward ratio for a sniper entry.

View real-time market 👇 $BAS

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