【$BAS Signal】1H RSI overbought zone pulls back, wait for a correction to go long

$BAS 1H RSI surges to 79.7, MACD histogram shortens for two consecutive hours, buying momentum weakens. The 4H Bollinger upper band at 0.0200 has been broken, current price at 0.0205 is outside the band, funding rate at 0.0438% is relatively high, long position costs are rising. Depth ratio of 0.88 indicates slightly thicker sell orders, short-term profit-taking needs to be realized. Objective assessment: chasing longs with risk-reward ratio is no longer ideal, but the main upward wave structure remains intact, a pullback for a better entry is a more prudent sniper approach.
🎯Direction: Go long (wait for a pullback)
⚡Entry/Order: Range order at 0.017735 - 0.018000
🛑Stop loss: 0.017114
🚀Target 1: 0.018978
🚀Target 2: 0.019600
🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss up to entry price. If the price rebounds weakly or tests the stop loss again, manually exit to protect capital.
View real-time market 👇 $BAS
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