[$THE Signal] Going Long | Healthy Pullback After Volume Breakout



After a massive volume breakout on the 4H chart, the price is currently undergoing a healthy pullback and consolidation above the previous high resistance zone.

🎯 Direction: Long

🎯 Entry: 0.2700 - 0.2720

🛑 Stop Loss: 0.2650 $THE Rigid Stop Loss (

🚀 Target 1: 0.2850

🚀 Target 2: 0.3000

Core Logic: 1) Key Data: The breakout candlestick (12:00 cycle) saw a surge in volume to 25.91 million, which is 4-5 times the average volume, and the Taker was buying, indicating a clear signal of institutional capital entering the market, not just a short squeeze. 2) Price Action: After breaking out, the price did not quickly fall back but instead oscillated narrowly along the upper boundary of the breakout zone (0.271-0.278), showing strong consolidation characteristics and effective absorption of selling pressure. 3) Market Sentiment: Open interest remains stable, and negative funding rates suggest that short positions are still prevalent, fueling potential short squeezes. The current pullback to the upper boundary of the breakout zone and the dense buy orders in the order book (0.270-0.272) present a low-risk, high-reward long opportunity.

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$THE
#Gate广场创作者新春激励 #当前行情抄底还是观望? $BTC $ETH
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