BTR experiences a strong breakout of support after a 24.59% increase in volume, with trading volume rising simultaneously. This market movement clearly signals that the main force is entering the market rather than a bearish sell-off.
From a technical perspective, this rally is solid. A trading volume of 54 million USD combined with increasing open interest indicates a typical pattern of rising price and volume, suggesting that buying pressure is continuously absorbing sell orders. Market sentiment has shifted from hesitation to FOMO. As long as the price stays above 0.0720, there is a high probability of further upward movement.
Based on this analysis, my trading plan is as follows:
▸ Long position ▸ Entry range: 0.0735 - 0.0750 ▸ Stop-loss level: 0.0700 (rigid stop-loss, exit if broken) ▸ First target: 0.0800 ▸ Second target: 0.0850
This combination of volume and price breakout often leads to continued momentum. The key is to strictly adhere to stop-loss levels and avoid being scared out by false breakouts.
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MEVSandwichVictim
· 9h ago
I've heard the phrase "price and volume rising together" too many times. Last time, when it was said like that, it directly crashed to the bottom.
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gaslight_gasfeez
· 9h ago
The simultaneous rise in price and volume is indeed impressive, but if we can't hold at 0.0720, then we're all just leeks, haha.
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DaisyUnicorn
· 9h ago
Well, this wave is indeed interesting. The trading volume is so fierce, and the holdings are still soaring. All the little flowers are having a party!
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HashBrownies
· 10h ago
Hmm... The narrative of rising prices and volume is coming again. Every time it's said, it ends up trapping people.
BTR experiences a strong breakout of support after a 24.59% increase in volume, with trading volume rising simultaneously. This market movement clearly signals that the main force is entering the market rather than a bearish sell-off.
From a technical perspective, this rally is solid. A trading volume of 54 million USD combined with increasing open interest indicates a typical pattern of rising price and volume, suggesting that buying pressure is continuously absorbing sell orders. Market sentiment has shifted from hesitation to FOMO. As long as the price stays above 0.0720, there is a high probability of further upward movement.
Based on this analysis, my trading plan is as follows:
▸ Long position
▸ Entry range: 0.0735 - 0.0750
▸ Stop-loss level: 0.0700 (rigid stop-loss, exit if broken)
▸ First target: 0.0800
▸ Second target: 0.0850
This combination of volume and price breakout often leads to continued momentum. The key is to strictly adhere to stop-loss levels and avoid being scared out by false breakouts.