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【$BTR Signal】Long Position: Healthy Reset After Breakout with Volume Surge
After a 24.59% surge in 24 hours, the price is cooling and consolidating at high levels. The combined increase in open interest (O.I.) and price is a typical sign of main capital inflow rather than short covering. The market shows buying absorption of profit-taking orders, indicating a healthy reset.
🎯 Direction: Long
🎯 Entry: 0.0720 - 0.0740
🛑 Stop Loss: 0.0680 $BTR Rigid stop loss, invalidates structure if broken(
🚀 Target 1: 0.0800
🚀 Target 2: 0.0850
) After a massive breakout, a tight flag pattern has formed at high levels without panic selling. The price remains above the key breakout level, indicating that selling pressure has been effectively absorbed. This sideways consolidation after volume and price rise is usually a preparation for the next upward move. As long as it does not break below the middle of the initiating bullish candle (stop loss level), the upward path faces minimal resistance.
Trade here 👇 $BTR
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