$42 Signal】Long | Healthy Reset After Explosive Breakout



$42 After a nearly 50% surge in a single day, the price is cooling and consolidating at high levels. This is a typical healthy reset after major players enter the market, rather than a top distribution. The market shows that after a massive increase, selling pressure is limited, and buying interest is absorbing profit-taking, preparing for the next upward push.

🎯 Direction: Long

🎯 Entry: 0.0285 - 0.0295

🛑 Stop Loss: 0.0268 ( Rigid stop loss, invalid if broken )

🚀 Target 1: 0.0350

🚀 Target 2: 0.0400

Core logic: The price is consolidating at the top of a massive bullish candle, which is a strong signal. Market psychology has shifted from FOMO chasing highs to calm absorption. A healthy reset reduces the fragility of long leverage. The holding volume data supports main force building positions rather than short covering. As long as the price stays above the breakout zone and completes the chip exchange, resistance on the way up is minimal. Small losses, big gains—here, the profit is the probability of trend continuation after the breakout.

Trade 👇 $42

---

Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #美联储利率维持不变
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)