$BEAT After a volume breakout, the price consolidates strongly above the previous high resistance turned support. The 4H timeframe shows a healthy flag pattern cooling off, with buying pressure continuously absorbing selling pressure, and no signs of main force distribution.
🎯Direction: Long
🎯Entry: 0.2250 - 0.2290
🛑Stop Loss: 0.2080 (Break below the previous high support turn support and EMA20, invalidating the logic)
Hardcore Logic: After volume breakout above the key resistance at 0.2200, open interest remains stable, indicating not a short squeeze but new capital inflow. Although RSI(71.59) is high, the funding rate is only 0.0050%, showing no extreme greed and low short squeeze risk. Price remains above EMA20(0.2083) with a healthy structure. Deep imbalance is neutral, but the latest 4H candlestick buy/sell ratio is 0.49, indicating selling pressure has been effectively absorbed. The retest zone at 0.2250-0.2290 is a resonance support area between the previous breakout level and Fibonacci 0.382 retracement, with a risk-reward ratio >2.5, making it a high-probability setup.
Trade here 👇 ( ---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$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!