LONG #C98USDT from $0.1504 stop loss $0.1495 $C98

1h TF. The C98 instrument showed a local preload, where the lows of the price gradually increased, forming a figure known as an “ascending triangle". This usually indicates the presence of active participants in the coin. There is a clear level of support, which was tested with a few touches when participants opened positions from this level and accumulated their stop losses behind it. I expect to see a traded movement along the level with an increase in trading volumes and activity in the order book before the breakdown.

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