【$BEAT Signal】Long + 1H Breakout and Retest Confirmation

$BEAT The 4H timeframe is in a strong upward channel, with the price breaking above the previous high and stabilizing. After a brief consolidation on the 1H timeframe, the latest candle shows a surge with increased volume, indicating strong buying momentum. Open interest remains stable, and the price has risen sharply without a decrease in open interest, suggesting it’s not a short squeeze but genuine buying support. Market depth data shows buy orders far exceeding sell orders, with clear main force support. Although RSI is in the overbought zone, momentum has not faded, and combined with positive funding rates, market sentiment leans toward bullishness, with potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.3632 - 0.3669

🛑Stop Loss: 0.3420

🚀Target 1: 0.3850

🚀Target 2: 0.4000

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price. If the price strongly breaks above 0.4000, move the remaining stop loss up to 0.3850 to seek greater gains.

(Depth Logic: The 4-hour chart shows consecutive bullish candles with volume and price rising together, indicating a healthy structure. The 1-hour timeframe is strongly above the EMA20, with quick rebounds on each pullback. Although RSI indicates overbought conditions, in a strong trend, overbought levels may persist. Market depth shows significant buy order accumulation, with a depth imbalance rate as high as 32%, providing strong immediate support. Coupled with stable open interest, this rally is driven by new bullish funds, and short-term momentum remains upward. )

View real-time market 👇 $BEAT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年