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

$BAS The 1-hour timeframe, after experiencing a volume breakout, is currently in a strong consolidation at high levels. The latest 1-hour candlestick closed at 0.007774, firmly above the 1-hour EMA20, indicating that short-term momentum remains strong. The 4-hour chart shows continuous bullish candles with increasing volume, and the price has broken through the previous consolidation range, clearly shifting the trend to bullish. The current order book shows deep buy-side support, healthy funding rates, and stable open interest, indicating that the upward move is driven by genuine buying rather than just short covering.

🎯Direction: Long (Long)

⚡Entry/Order: 0.006958 - 0.007114 (Patiently wait for the price to retrace into the optimal entry zone; this is an excellent opportunity for a second entry)

🛑Stop Loss: 0.006759 (Place below the recent critical low on the 1-hour chart)

🚀Target 1: 0.008200

🚀Target 2: 0.008800

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price (break-even). If the price strongly breaks through Target 2, move the remaining stop loss to Target 1 to aim for greater gains.

Order Book Logic: Over the past 4 hours, trading volume has surged sharply, with prices rising in tandem—classic signals of institutional entry. The 1-hour RSI is at 67, indicating healthy momentum without signs of overheating. The order book shows dense buy orders below, forming a strong support zone around 0.00773. Combined with stable open interest and positive funding rates, this upward structure is solid, and retracements are ideal entry points for long positions.

View real-time market 👇 $BAS

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