$B After experiencing a single 4H giant bullish candle (+14%) breakout, it is currently undergoing a narrow consolidation at a high level. The price remains above the breakout zone, which is a typical absorption of buying and a healthy reset, rather than a top sell-off.
Key data reveals the intentions of the main force: during the massive surge, the buy/sell ratio was only 0.46, indicating that the rise was driven by short covering (a squeeze), rather than proactive buying. Subsequently, OI stabilized, and Taker sold, indicating that the main force is not in a hurry to exit, but is swapping hands and consolidating at this price range. Current sell orders (above 0.159) are clearly piling up, but the price refuses to drop significantly, showing strong buying support below.
🎯 Direction: Go long
🎯 Entry: 0.1575 - 0.1585
🛑 Stop Loss: 0.1550 (rigid stop loss, breaking below would damage the structure)
🚀 Target 1: 0.1650
🚀 Target 2: 0.1720
Logical core: The price is consolidating at a higher level above the key breakout point (0.1475-0.1498), which is a characteristic of a strong market. The 4H level trading volume shows a pulsing explosion followed by shrinkage, which is a healthy cooling. The funding rate remains low, and there has been no extreme bullish frenzy, leaving space for subsequent increases. Psychologically, the shorts have been initially cleared, and the current narrow fluctuations are consuming the remaining selling pressure and accumulating new upward momentum. As long as the price holds the upper edge of the breakout zone, a pullback is a high-probability long opportunity.
Trade here 👇$B
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