【$TRX Signal】Long | Healthy consolidation after price and volume breakout

After completing the volume and price breakout on the 4-hour chart, it is currently consolidating within a narrow range above the previous high. This is a typical healthy reset after a breakout, not a top.

🎯Direction: Long

🎯Entry: 0.2775 - 0.2785

🛑Stop Loss: 0.2759 $TRX Rigid stop loss, break below the previous breakout candle low(

🚀Target 1: 0.2820

🚀Target 2: 0.2850

Hardcore logic: When the price breaks above the key level of 0.2780, it is accompanied by increased taker buy orders (buy/sell ratio 0.59) and stable open interest, indicating genuine buying pressure from major players, not short covering. Subsequently, the candle closes above the breakout level, and during the pullback, the buy/sell ratio drops to 0.43, showing the price refuses to fall sharply, indicating selling pressure is exhausted and buyers are absorbing floating supply. Negative funding rates suppress excessive leveraged longs, providing room for healthy upward movement. Currently, forming a flag pattern above the breakout level, which is a typical bullish continuation pattern.

Trade here 👇 )
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