【$BAS Signal】1H sharp rise and fall back, waiting for a pullback to go long

$BAS 1H MACD death cross confirmed, 4H MACD histogram continues to narrow, sell orders pile up around 0.0243, buying momentum weakens. The volume-increasing bullish candle at 13:00 failed to hold the gains, and at 14:00 the pullback was accompanied by 54% sell pressure. Current price is 0.02296, slightly above the upper boundary of the suggested range, with a short-term pullback demand.
🎯Direction: Long (pullback pending orders)
⚡Entry/Order: 0.022842
🛑Stop Loss: 0.018109
🚀Target 1: 0.023301
🚀Target 2: 0.025031
🛡️Trade management: - Reduce 50% of position upon reaching Target 1, move stop loss up to entry price; if the price falls below entry, manually exit to protect capital.
Depth logic: 4H RSI at 72.5, slightly high but not overbought; funding rate at 0.0379% is in a neutral to slightly high zone; stable open interest indicates that the bulls and bears are not yet intensifying their battle. 1H Bollinger bands are tightening to 0.0222-0.0246, with the lower band supported by EMA50 (0.0205). Current risk-reward ratio is about 1.8; waiting for a pullback to the order price can effectively reduce chasing high risks.
View real-time market 👇 $BAS
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