$CC is confirming a healthy retracement after the volume rises. Price action shows buying absorbing the pullback without panic selling, which is a typical cooling pattern after a strong breakout.
🎯 Direction: Long
🎯 Entry: 0.1720 - 0.1750
🛑 Stop Loss: 0.1650 ( Rigid Stop Loss )
🚀 Target 1: 0.1900
🚀 Objective 2: 0.2050
The rise in $CC is accompanied by significant open interest growth, which is more inclined to the entry of main funds rather than a simple short stampede. The price is consolidating above the key resistance zone with limited pullbacks and contracting volume, indicating exhaustion of selling pressure. As long as the price can hold above the breakout zone, the market structure is biased towards the bulls, and the probability advantage points to higher targets. #Gate广场创作者新春激励 #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变
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$CC is confirming a healthy retracement after the volume rises. Price action shows buying absorbing the pullback without panic selling, which is a typical cooling pattern after a strong breakout.
🎯 Direction: Long
🎯 Entry: 0.1720 - 0.1750
🛑 Stop Loss: 0.1650 ( Rigid Stop Loss )
🚀 Target 1: 0.1900
🚀 Objective 2: 0.2050
The rise in $CC is accompanied by significant open interest growth, which is more inclined to the entry of main funds rather than a simple short stampede. The price is consolidating above the key resistance zone with limited pullbacks and contracting volume, indicating exhaustion of selling pressure. As long as the price can hold above the breakout zone, the market structure is biased towards the bulls, and the probability advantage points to higher targets.
#Gate广场创作者新春激励 #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变