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【$BTC Signal】Bullish Breakout and Pullback Confirmation
$BTC is currently undergoing a healthy pullback after reaching a new high. The price is consolidating above the key breakout zone, which is a typical cooling-off after a breakout rather than a trend reversal.
🎯 Direction: Long
🎯 Entry: 88000 - 88600
🛑 Stop Loss: 86500 ( Rigid Stop Loss )
🚀 Target 1: 91500
🚀 Target 2: 94500
The price has pulled back less than 1% from the high, with increased volume but stable open interest, indicating profit-taking by bulls and testing by bears, rather than main force distribution. The key support zone (previous breakout level) is absorbing buy orders well, and the pullback on lower timeframes is being continuously absorbed without panic selling. As long as the 86500-87000 support zone holds, the market structure remains bullish, and the pullback is an opportunity to establish long positions.
Trade 👇 here $BTC
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