【$BAS Signal】4H support zone retracement to go long


$BAS Orders clustered around 0.02433 nearby, 1H buy orders stronger than 0.39, selling pressure quickly released. The middle band of the 4H Bollinger Bands at 0.0236 and EMA50_1h at 0.0236 form a support resonance. MACD 4H histogram approaching zero line but below zero, 1H MACD golden cross momentum diminishing. Funding rate steady at 0.005%, depth ratio of 1.41 provides buffer for support. Personally, I think the current risk-reward ratio is relatively reasonable when retracing to the 0.0236-0.02421 range for entry, with manageable risk.
🎯Direction: Long (retracement to go long)
⚡Entry/Order: 0.0236 - 0.02421
🛑Stop loss: 0.02109
🚀Target 1: 0.02755
🚀Target 2: 0.02970
🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss up to the entry price. If the price falls back to the lower end of the entry zone, exit strictly to protect principal.
Depth logic: 1H RSI drops to neutral zone, no overbought signal; 4H volume shrinks after the last bullish candle, short-term adjustment demand releases. Watch the bullish rebound strength around 0.0242; if the decline continues, abandon waiting for lower entry points.
Check real-time market 👇 $BAS
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场五月交易分享 #美国4月PPI同比暴涨6% $BTC $ETH $SOL
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned