$BAS Signal】Follow-up buying game, beware of overheating correction on the 1H timeframe


$BAS The 1H RSI has surged to 76.65, buying enthusiasm is extremely high, and the price has broken through the upper band of the 4H Bollinger Bands.
Order book depth imbalance -44.34%, selling pressure is significantly greater than buying pressure, this structure usually accompanies a quick pullback after a rapid rise.

🎯Direction: Wait for a correction to go long

⚡Entry/Order placement: within the range of 0.007916 - 0.009350, prioritize placing orders around 0.0083.

🛑Stop loss: 0.007363

🚀Target 1: 0.009021

🚀Target 2: 0.009574

🛡️Trade management:
- Execution strategy: after reaching Target 1, reduce position by 50%, and move the stop loss to breakeven.
- If the price falls back into the entry zone, exit automatically to protect capital.

The 1H MACD histogram is still expanding, but the trading volume has decreased on the latest candle, indicating that chasing the high is starting to hesitate.
The EMA50 on the 4H timeframe at 0.0074 provides strong support, serving as a bullish line of defense.
The current risk-reward ratio is acceptable, but patience is needed for entry, avoiding chasing at the emotional peak.

View real-time market 👇 $BAS
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BAS20,77%
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