【$PROMPT Signal】Long Breakout and Pullback Confirmation

$PROMPT After a volume breakout, the price is pulling back for confirmation. The price action indicates that buying pressure is continuously absorbing selling pressure at the key support level, and the increasing open interest suggests that institutional players are entering rather than a short squeeze.

🎯 Direction: Long

🎯 Entry: 0.0650 - 0.0665

🛑 Stop Loss: 0.0620 ( Rigid Stop Loss )

🚀 Target 1: 0.0720

🚀 Target 2: 0.0780

Logical core: An 11.44% increase accompanied by significant volume, with open interest rising to 39.65 million, is a typical signal of main players building or increasing positions, rather than a “squeeze” caused by short covering. The price did not panic sell after breaking out; the pullback process is orderly, indicating a healthy market structure. The current pullback zone (0.065-0.0665) is a key resistance turned support area before the breakout and also a defensive position for bulls. As long as the price stays above this zone, the probability of continuing upward is higher. Small losses, large gains, with a risk-reward ratio greater than 2:1, are about betting on probability.

Trade here 👇 $PROMPT

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