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【$BTC Signal】Bullish — Healthy Pullback and Support from Open Interest
$BTC After reaching a new high, the price is experiencing a healthy pullback, with the price declining while open interest (OI) remains stable, indicating this is a repositioning of long positions rather than a major liquidation by the main players.
🎯Direction: Long
🎯Entry: 87500 - 88200
🛑Stop Loss: 86500 (Rigid Stop Loss)
🚀Target 1: 90500
🚀Target 2: 92500
$BTC Consolidating above the key breakout zone, during the decline, there was no panic-driven drop in open interest, suggesting selling pressure has been effectively absorbed. Price action (PA) shows a corrective pullback, with active buying on lower time frames (LTF). As long as the open interest support pattern remains unchanged, the upward trend restart is highly probable.
Trade 👇 here $BTC
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