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Currently around 8.650 USDT. Do you think we should keep grinding higher, or is it about time for a pullback?
If I were to give a quick conclusion, I’d lean more towards: watch for consolidation and then continue upward.
Here’s my main reasoning:
First, after the pullback, support remains intact, and there’s no obvious retreat from active buyers.
Second, volume shrinks near key support levels, indicating selling pressure isn’t as heavy as expected.
One more thing: I only trade high-momentum coins at high levels; I avoid low-priced slow-rising coins and weak coins that have already dropped significantly.
A more comfortable entry point: 8.581 USDT
Initial take-profit target: 9.100 USDT
Stop-loss reference: 8.373 USDT
But the biggest risk at this level is a false breakout followed by a quick drop back.