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【$BTC Signal】Bullish Breakout with Healthy Pullback
$BTC is experiencing a slight correction after reaching a new all-time high. The price decline accompanied by high open interest suggests a healthy reset and cleansing of long positions, rather than a major sell-off by the main players.
🎯 Direction: Long
🎯 Entry: 87,000 - 87,600
🛑 Stop Loss: 85,800 ( Rigid Stop Loss )
🚀 Target 1: 89,500
🚀 Target 2: 91,500
$BTC Is consolidating at a high level above the key breakout level, with increased volume but limited price decline, indicating that buying pressure is effectively absorbing selling pressure. The price correction under high open interest is a typical volatility squeeze and leverage cleansing process, not a trend reversal. As long as the price holds above the previous high support zone, the market structure remains bullish, and the probability of an upward breakout is higher.
Trade here 👇 $BTC
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