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【$BTC Signal】Bullish with Healthy Pullback and Accumulation
$BTC After reaching a new high, the price is undergoing a healthy pullback. The decline in price is accompanied by stable open interest, indicating that this is a rebalancing of long positions rather than a major distribution by the main players.
🎯 Direction: Long (Long)
🎯 Entry: 88000 - 88500
🛑 Stop Loss: 86500 ( Rigid Stop Loss )
🚀 Target 1: 91500
🚀 Target 2: 95000
$BTC Is consolidating tightly below the key psychological level of 90000. The price is declining but open interest remains stable, suggesting the market is absorbing selling pressure rather than panic selling. On the lower time frame, buy orders around 88000 are continuously absorbing, which is a typical healthy reset structure after a breakout. As long as the support zone of 86500-87000 holds, the upward continuation is more likely.
Trade here 👇 $BTC
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