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【$BTC Signal】Bullish - Healthy Pullback and Divergence in Open Interest
$BTC After reaching a new high, a healthy pullback occurred, with the price declining while open interest increased, indicating that the decline is driven by long liquidation rather than main force distribution. The key support zone below shows strong buying absorption.
🎯 Direction: Long
🎯 Entry: 86000 - 86500
🛑 Stop Loss: 84500 ( Rigid Stop Loss )
🚀 Target 1: 89000
🚀 Target 2: 92000
$BTC Consolidating above the previous high breakout zone of 86000-87000, the price is declining but open interest remains high. This is a typical bear trap and a healthy reset signal for long positions. On the lower timeframe, selling pressure is weakening, and buying continues to absorb at key support zones. As long as the price stays above 85000, the probability of regaining upward momentum is very high.
Trade here 👇 $BTC
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