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【$BTC Signal】Bullish — Healthy Pullback After Power Accumulation
$BTC After reaching a new high, it is experiencing a healthy pullback, with the price consolidating above a key support zone. This is a typical cooling-off after a breakout, not a trend reversal.
🎯Direction: Long (Long)
🎯Entry: 89,000 - 89,500
🛑Stop Loss: 87,500 (Rigid Stop Loss)
🚀Target 1: 92,500
🚀Target 2: 95,000
$BTC A mild correction of -1.53% has occurred in the historical high region, accompanied by high open interest. This looks more like profit-taking by bulls and testing by bears rather than main force distribution. The price has been absorbed by buy orders above the previous breakout structure, and selling pressure on lower time frames (LTF) continues to be digested without panic selling. As long as the key demand zone of 87,500-88,000 is not effectively broken, the market structure remains bullish. This pullback provides a healthier foundation for subsequent upward movement.
Trade here 👇 $BTC
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