$币安人生 All long take-profit targets hit consecutively ✅ Was I the first to call the bottom a few days ago?
Strong bullish structure, with clear higher highs (0.51 -> 0.58 -> 0.60 -> 0.62) and higher lows (0.47 -> 0.50 -> 0.51)
· Spot-perpetual spread: -0.176%
· The deeply negative spread indicates that perpetual (Perp) prices are significantly below spot prices.
· This means the current price rise is mainly driven by spot buying. Meanwhile, shorts are very active in the futures market, or longs are extremely cautious and unwilling to use leverage to push prices higher.
· With this negative spread, if the price continues to break upward, the probability of a short squeeze (forcing shorts to close their positions) is very high.
· EMA20: Acting as immediate dynamic support around 0.56. Holding above this level keeps the short-term bias bullish. A break below it would signal a deeper pullback.
$币安人生 Long scenario (70% priority)
· Long entry: 0.60 - 0.62 (retest of the previous breakout)
· Stop-loss: < 0.56
· Take-profit: 0.65 (psychological resistance), 0.68 (Fibonacci extension)
$币安人生 Short scenario (30% priority): Valid only if the price fails to break through 0.65-0.68 and shows a clear bearish reversal pattern due to bearish spot CVD divergence.
Support me by trading here 👇#币安人生
Strong bullish structure, with clear higher highs (0.51 -> 0.58 -> 0.60 -> 0.62) and higher lows (0.47 -> 0.50 -> 0.51)
· Spot-perpetual spread: -0.176%
· The deeply negative spread indicates that perpetual (Perp) prices are significantly below spot prices.
· This means the current price rise is mainly driven by spot buying. Meanwhile, shorts are very active in the futures market, or longs are extremely cautious and unwilling to use leverage to push prices higher.
· With this negative spread, if the price continues to break upward, the probability of a short squeeze (forcing shorts to close their positions) is very high.
· EMA20: Acting as immediate dynamic support around 0.56. Holding above this level keeps the short-term bias bullish. A break below it would signal a deeper pullback.
$币安人生 Long scenario (70% priority)
· Long entry: 0.60 - 0.62 (retest of the previous breakout)
· Stop-loss: < 0.56
· Take-profit: 0.65 (psychological resistance), 0.68 (Fibonacci extension)
$币安人生 Short scenario (30% priority): Valid only if the price fails to break through 0.65-0.68 and shows a clear bearish reversal pattern due to bearish spot CVD divergence.
Support me by trading here 👇#币安人生