【$APR Signal】Bullish breakout with healthy consolidation after volume surge
$APR After a volume breakout on the 4-hour chart, the price is undergoing healthy consolidation above the previous high resistance zone. The price is forming a flag pattern within the 0.0807-0.0857 range, with buying pressure continuously absorbing selling pressure in the 0.0807-0.0815 area. Funding rates remain positive but not overheated, indicating stable bullish sentiment. Orders above are sparse, making the breakout resistance relatively small.
🎯 Direction: Long
🎯 Entry: 0.0830 - 0.0845
🛑 Stop Loss: 0.0795 ( Rigid stop loss, below the lower boundary of consolidation and the previous breakout candle low )
🚀 Target 1: 0.0920
🚀 Target 2: 0.1000
Logical core: A massive bullish candle with volume three times larger appears on the 4H chart, confirming main capital inflow. Subsequently, the candles show higher highs and higher lows in a contracting consolidation pattern, a typical strong continuation structure. The key support at 0.0807 (breakout candle midpoint) has not been effectively tested, indicating very weak selling pressure. Open interest remains high after the breakout, combined with positive funding rates, suggesting a healthy rotation dominated by bulls rather than a short squeeze. Probabilistically, an upward breakout continuing the trend has a higher likelihood.
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#Gate广场创作者新春激励 #Is the current market bottoming or just observing?
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【$APR Signal】Bullish breakout with healthy consolidation after volume surge
$APR After a volume breakout on the 4-hour chart, the price is undergoing healthy consolidation above the previous high resistance zone. The price is forming a flag pattern within the 0.0807-0.0857 range, with buying pressure continuously absorbing selling pressure in the 0.0807-0.0815 area. Funding rates remain positive but not overheated, indicating stable bullish sentiment. Orders above are sparse, making the breakout resistance relatively small.
🎯 Direction: Long
🎯 Entry: 0.0830 - 0.0845
🛑 Stop Loss: 0.0795 ( Rigid stop loss, below the lower boundary of consolidation and the previous breakout candle low )
🚀 Target 1: 0.0920
🚀 Target 2: 0.1000
Logical core: A massive bullish candle with volume three times larger appears on the 4H chart, confirming main capital inflow. Subsequently, the candles show higher highs and higher lows in a contracting consolidation pattern, a typical strong continuation structure. The key support at 0.0807 (breakout candle midpoint) has not been effectively tested, indicating very weak selling pressure. Open interest remains high after the breakout, combined with positive funding rates, suggesting a healthy rotation dominated by bulls rather than a short squeeze. Probabilistically, an upward breakout continuing the trend has a higher likelihood.
Trade here 👇 $APR
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Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #Is the current market bottoming or just observing?