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🚀 Target 1: 0.420
🚀 Target 2: 0.450
Hardcore Logic: The last 4H candlestick volume surged to 141 million, more than 70 times the previous candle, which is a clear signal of institutional capital entering the market, rather than just a short squeeze. The price is consolidating near the high of the massive bullish candle, and the depth chart shows sell orders accumulating above 0.3818 (25,496.8), while buy orders are tightly supported below, indicating the market is digesting profit-taking and building new support levels. The negative funding rate (-1.77%) provides an additional safety margin for bulls. As long as the price stays above the midpoint of the massive candle (around 0.347), the probability of the uptrend continuing is very high.
Trade here 👇 $API3
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#Gate广场创作者新春激励 #Is the current market bottoming out or just waiting on the sidelines?