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【$BTC Signal】Bullish - Healthy Pullback for Accumulation
$BTC After reaching a new high, the price is experiencing a healthy pullback, with price decline accompanied by increasing open interest, indicating that long leverage is being cleaned out rather than a main force distribution. This is a typical cooling of a bull market.
🎯Direction: Long
🎯Entry: 88000 - 89000
🛑Stop Loss: 86500 (Rigid Stop Loss)
🚀Target 1: 92000
🚀Target 2: 95000
$BTC The pullback from the high is limited, trading volume has increased but there is no panic selling, indicating that buyers are actively absorbing selling pressure at the key support zone (above the previous breakout zone). The increase in open interest while the price declines is a classic structure of “longs getting liquidated, smart money taking over.” As long as the high support zone around 86500 is not broken by a solid close, the market structure remains bullish. This pullback provides fuel for subsequent upward movement.
Trade here 👇 $BTC
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