$BEAT Signal】Long | Breakout Retest Confirmation



$BEAT After a volume breakout, the price consolidates strongly above the previous high resistance turned support. The 4H timeframe shows a healthy flag pattern cooling off, with buying pressure continuously absorbing selling pressure, and no signs of main force distribution.

🎯Direction: Long

🎯Entry: 0.2250 - 0.2290

🛑Stop Loss: 0.2080 (Break below the previous high support turn support and EMA20, invalidating the logic)

🚀Target 1: 0.2500 (Previous high liquidity zone)

🚀Target 2: 0.2750 (Fibonacci 1.618 extension level)

Hardcore Logic: After volume breakout above the key resistance at 0.2200, open interest remains stable, indicating not a short squeeze but new capital inflow. Although RSI(71.59) is high, the funding rate is only 0.0050%, showing no extreme greed and low short squeeze risk. Price remains above EMA20(0.2083) with a healthy structure. Deep imbalance is neutral, but the latest 4H candlestick buy/sell ratio is 0.49, indicating selling pressure has been effectively absorbed. The retest zone at 0.2250-0.2290 is a resonance support area between the previous breakout level and Fibonacci 0.382 retracement, with a risk-reward ratio >2.5, making it a high-probability setup.

Trade here 👇 (
---

Follow me: Get more real-time analysis and insights on the crypto market!
BEAT2,78%
BTC-2,35%
ETH-4,66%
SOL-4,94%
View Original
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)