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Gate ELSA Futures Trading Challenge is Now Live!
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【$0G Signal】Long + Volume Breakout
$0G Strong breakout after a 25% volume increase, combined with rising open interest, indicates that institutional funds are entering the market rather than short sellers stepping on the brakes. This is a typical strong start signal.
🎯 Direction: Long
🎯 Entry: 0.98 - 1.02
🛑 Stop Loss: 0.92 ( Rigid Stop Loss )
🚀 Target 1: 1.15
🚀 Target 2: 1.30
Price action shows that $0G did not experience significant profit-taking selling pressure after the breakout. High trading volume along with increasing open interest confirms the authenticity of the buying. The current price consolidates above the breakout level, indicating healthy cooling and accumulating momentum for the next upward wave. As long as the price holds above the breakout zone, the upward trend will continue.
Trade 👇 $0G
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