【$C98 Signal】Long | Healthy Cool-down After Explosive Breakout
$C98 After a 26% surge on high volume, the price is consolidating within a narrow range at a high level. This is a typical healthy cool-down after major institutional entry, not a top sell-off. The market shows strong buying absorption with no panic selling pressure.
🎯Direction: Long
🎯Entry: 0.0240 - 0.0245
🛑Stop Loss: 0.0232 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.0268
🚀Target 2: 0.0290
Hardcore logic: The price is consolidating at the top of a massive bullish candle, which is a strong signal. Rising open interest along with price increases clearly indicates institutional capital inflow rather than short covering. The current consolidation is a correction of overbought indicators. As long as it does not break below the support of the upper middle part of the high-volume candle (0.0232), market sentiment remains bullish. Small loss, big profit—this risk-reward ratio is favorable here.
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【$C98 Signal】Long | Healthy Cool-down After Explosive Breakout
$C98 After a 26% surge on high volume, the price is consolidating within a narrow range at a high level. This is a typical healthy cool-down after major institutional entry, not a top sell-off. The market shows strong buying absorption with no panic selling pressure.
🎯Direction: Long
🎯Entry: 0.0240 - 0.0245
🛑Stop Loss: 0.0232 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 0.0268
🚀Target 2: 0.0290
Hardcore logic: The price is consolidating at the top of a massive bullish candle, which is a strong signal. Rising open interest along with price increases clearly indicates institutional capital inflow rather than short covering. The current consolidation is a correction of overbought indicators. As long as it does not break below the support of the upper middle part of the high-volume candle (0.0232), market sentiment remains bullish. Small loss, big profit—this risk-reward ratio is favorable here.
Trade 👇 $C98
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