【$BIRB Signal】Long | Healthy Cooldown After Explosive Breakout

$BIRB After nearly 50% violent surge on the 4-hour chart, the price is consolidating within a narrow range at high levels. The price has stabilized strongly above the breakout zone (around 0.215), and the current 4-hour candlestick shows small-bodied oscillation. This is a typical profit-taking digestion and healthy reset, not a top formation. The funding rate of -0.1355% indicates that bearish sentiment still exists, favoring long positions. The order book depth is very thin, indicating low market liquidity, and slight buying pressure can push the price higher.

🎯 Direction: Long

🎯 Entry: 0.280 - 0.285

🛑 Stop Loss: 0.265 ( Rigid stop loss, below the previous breakout high and dense trading zone )

🚀 Target 1: 0.307 ( Test previous high )

🚀 Target 2: 0.340 ( Based on the 1.618 extension of the breakout structure )

Hardcore Logic: After a massive bullish candle (50 million in volume), the price refused to undergo a deep correction and remained above the breakout level of 0.215, which is characteristic of a strong market. Currently, the price is consolidating within a narrow range with no signs of selling pressure increasing, typical of a “high base adjustment,” accumulating energy for the next upward move. The negative funding rate provides a safe emotional buffer. The stop loss is set below the previous high, offering an excellent risk-reward ratio, aligning with the mathematical expectation of “small loss, big profit.”

Trade here 👇 $BIRB

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‍#Gate广场创作者新春激励 #Is the current market bottoming out or just waiting and watching?