【Signal】Long | Breakout and Retest Confirmation

After a volume breakout above the previous high on the 4-hour chart, the price consolidates strongly above the breakout level, forming a healthy retest.
Direction: Long
Entry: 71100 - 71500
Stop Loss: 69800 #BTC Rigid Stop Loss$BTC
Target 1: 73500
Target 2: 75000
Hardcore Logic: 1) Price Action: Three consecutive bullish candles with volume on the 4H chart push the price higher. After breaking through the key resistance at 69600, the latest candle retests and confirms support, a classic breakout-retest pattern. 2) Data Validation: During the rally, Taker Buy Volume dominates, Open Interest remains stable, indicating new long capital entering rather than short liquidation. Negative funding rates suppress excessive leverage, supporting healthy upward movement. 3) Market Psychology: Buying pressure continues to absorb sell orders above 71000. The order book shows sparse sell pressure, with no signs of major distribution by the main players. The retest does not break the previous high, indicating strong consolidation.
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