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【$ETH Signal】Long | Price and Volume Rise Together for Breakout Preparation
$ETH After a slight consolidation following the rise in price and volume, the open interest also increased, indicating that main funds are entering the market rather than short sellers stepping on the brakes. This is a healthy pre-breakout buildup.
🎯 Direction: Long
🎯 Entry: 2895 - 2910
🛑 Stop Loss: 2850 ( Rigid Stop Loss )
🚀 Target 1: 2980
🚀 Target 2: 3050
The price is consolidating above a key psychological level, accompanied by high trading volume and increasing open interest. This is a typical absorption pattern by buyers. Market logic suggests active buying pressure rather than short covering. The short-term timeframe (LTF) pullbacks are quickly absorbed, with no signs of supply expansion. As long as the price remains above the recent breakout zone, upward momentum will continue to build.
Trade here 👇 $ETH
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