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Gate ELSA Futures Trading Challenge is Now Live!
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【$BTC Signal】Long | Price and Volume Rise Together for Breakout Preparation
$BTC After a slight consolidation following the rise in price and volume, the open interest also increased, indicating that main capital is entering rather than short sellers stepping on the brakes. This is a healthy pre-breakout buildup.
🎯 Direction: Long
🎯 Entry: 89500 - 90000
🛑 Stop Loss: 88000 ( Rigid Stop Loss )
🚀 Target 1: 92000
🚀 Target 2: 95000
$BTC The price is consolidating above a key psychological level, accompanied by high trading volume and increasing open interest. This is a typical absorption pattern by buyers. The chart shows that dips are being continuously supported, with no signs of panic selling, maintaining a healthy market structure. As long as the price stays above the 89000 support, an upward breakout is highly probable.
Trade here 👇 $BTC
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