Students, please note that this is a textbook-level reversal structure. After hitting a low of 0.6555, we witnessed a fierce V-shaped reversal, which in itself is a strong buy signal. The key is that this rally is accompanied by explosive growth in trading volume, demonstrating the massive buying power driving the price. The momentum indicator RSI has steadily stood above the 50 strength boundary, and MACD has also formed a golden cross, indicating that the upward momentum will continue. Currently, the price is consolidating above the EMA moving average, which is a typical strong pullback, providing us with an excellent entry opportunity. Discipline is the key to distinguishing winners from losers.
The clear execution plan is as follows:
Entry: 0.7180
Target 1: 0.7440
Target 2: 0.7790
Target 3: 0.8000
Stop Loss: 0.6950
$B2
B2USDT
Perp
0.7234
-1.04%