$BAS Signal】Waiting for a pullback, ambush long positions above the 4H trend line


$BAS After a surge on the 1H timeframe, volume has shrunk, and the price is repeatedly testing around 0.01007. The upper band of the 4H Bollinger Bands at 0.0095 has been strongly broken through, but the 1H MACD histogram is beginning to contract, indicating weakening bullish momentum. Market depth is unbalanced at -8.23%, with thicker sell orders, and initial selling pressure is emerging above.

The current price is near the upper boundary of the suggested entry zone; chasing higher directly carries higher risk. A better strategy is to wait for a healthy pullback.

🎯Direction: Buy on pullback (pending order)

⚡Entry/Order: Near the lower boundary of 0.00822 - 0.00986 range, for example around 0.0085.

🛑Stop loss: 0.00756

🚀Target 1: 0.00991

🚀Target 2: 0.00995

🛡️Trade management: - Execution strategy: After the order is filled, if the price rebounds to near Target 1, halve the position, and move the stop loss to the entry price. If the price cannot hold above 0.0098, consider exiting early.

Funding rate is as high as 0.1%, posing a long squeeze risk, but stable open interest indicates that large-scale capitulation is not happening. The 1H RSI at 73.24 is near overbought, requiring a pullback to release overheated sentiment. The 4H EMA20 and EMA50 are forming a bullish crossover, indicating the medium-term trend remains intact; a pullback is an opportunity. The risk-reward ratio is more favorable at the current pending order levels.

Check real-time market 👇 $BAS
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