$PTB Signal】Bullish | Healthy consolidation after volume and price breakout



$PTB After a massive surge, the price enters a high-level consolidation, tightly trading above the breakout level, indicating effective absorption by buyers with no signs of panic selling.

🎯 Direction: Long

🎯 Entry: 0.001900 - 0.001910

🛑 Stop Loss: 0.001850 ( Rigid Stop Loss )

🚀 Target 1: 0.002100

🚀 Target 2: 0.002300

Logical core: The 4H cycle shows a classic structure of volume breakout + volume contraction for a pullback. Supporting data: 1) When the price surged 16.5%, open interest (OI) remained stable, indicating not a short squeeze but new long positions entering. 2) Taker buy orders dominated the rise, clearly showing the main force's accumulation intent. 3) The current consolidation zone (0.00190-0.00191) has significantly thicker buy orders than sell orders, with market sentiment leaning towards holding. After healthy reset, the probability of upward continuation is higher.

Trade here 👇 $PTB

---

Follow me: Get more real-time analysis and insights on the crypto market!
PTB5,6%
BTC-2,42%
ETH-3,68%
SOL-4,44%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)