【$C98 Signal】Long | Healthy Reset After Explosive Breakout
$C98 After a 32% surge on high volume, the price is consolidating within a narrow range at high levels. This is a typical healthy cooldown after major players enter, rather than a top sell-off. The market shows buying pressure absorbing all LTF pullbacks with no significant selling pressure.
🎯Direction: Long
🎯Entry: 0.0248 - 0.0252
🛑Stop Loss: 0.0235 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.0280
🚀Target 2: 0.0300
The massive increase in volume accompanied by a significant rise in open interest is a clear signal of main capital entering. After breaking out, the price forms a tight flag pattern at high levels, with shallow pullbacks and decreasing volume, indicating exhaustion of selling pressure. As long as the price stays above the breakout confirmation zone of 0.0240-0.0250, the market structure remains strong. The current market is a typical “explosive breakout - healthy reset” pattern, with a high probability of continuation upward.
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【$C98 Signal】Long | Healthy Reset After Explosive Breakout
$C98 After a 32% surge on high volume, the price is consolidating within a narrow range at high levels. This is a typical healthy cooldown after major players enter, rather than a top sell-off. The market shows buying pressure absorbing all LTF pullbacks with no significant selling pressure.
🎯Direction: Long
🎯Entry: 0.0248 - 0.0252
🛑Stop Loss: 0.0235 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.0280
🚀Target 2: 0.0300
The massive increase in volume accompanied by a significant rise in open interest is a clear signal of main capital entering. After breaking out, the price forms a tight flag pattern at high levels, with shallow pullbacks and decreasing volume, indicating exhaustion of selling pressure. As long as the price stays above the breakout confirmation zone of 0.0240-0.0250, the market structure remains strong. The current market is a typical “explosive breakout - healthy reset” pattern, with a high probability of continuation upward.
Trade 👇 $C98
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$C98
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