🟡 $BATUSDT — possible pullback setup
Price had a strong 1H bullish structure: each candle updated the high, while lows stayed above previous lows.
The latest closed 1H candle failed to make a new high, while the previous low is still holding.
If price updates the last high again, the pullback idea is cancelled. Stop is above the last high.
Fibonacci range: full 1H growth move, from min low to max high of the whole series.
Plan by Fibonacci retracement:
Entry zone: 0.1037 - 0.105507
Stop: 0.1073142
TP1 Fib 0.236: 0.1043624
TP2 Fib 0.382: 0.1026688
TP3 Fib 0.5: 0.1013
TP4 Fib 0.618: 0.0999312
Series: 5 candles
Move: 12.15%
Timeframe: 1H
Extreme candle wick filter: max 3.5%
Educational setup example. Not financial advice.
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