$BEAT Signal】RSI 90.64, bullish momentum at its peak but risk-reward ratio is poor, watch and wait for a pullback


$BEAT RSI 1H 90.64, 4H 90.64, price far above Bollinger upper band 1.1625. Bid/Ask depth ratio 1.68, buy orders still dominant, but MACD histogram begins to flatten, momentum waning. Current price 1.2254 has exceeded the suggested zone upper limit 1.2193, target 1.2259 only 0.04% room, risk-reward ratio 0.01, not worth opening a new position.
🎯Direction: Wait and see (wait for a pullback to go long)
⚡Entry/Order: 1.2193 (place a long order at the upper limit of the zone, wait for a pullback)
🛑Stop loss: 0.6726
🚀Target 1: 1.2259
🚀Target 2: 1.2308
🛡️Trade management: reduce 50% of position upon reaching target 1 and break even, remaining position based on target 2. If the price does not hit the order, abandon. Currently chasing high risk far exceeds potential reward; waiting for a better entry is a rational choice.
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