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Currently around 2127 USDT. Do you think we should keep grinding higher, or is it about time for a pullback?
If I had to give a conclusion, I would lean more towards: a strong consolidation, not rushing to turn bearish.
Here's my main perspective:
First, volume is decreasing near the key support, indicating selling pressure isn't as heavy as expected.
Second, after the pullback, support remains intact, and there’s no clear sign of aggressive selling.
To add, the 15-minute structure is set, the 5-minute confirms, and the 1-minute is only for fine-tuning entry points. No 1-minute break without 5-minute confirmation is considered valid.
A more comfortable entry point: 2110 USDT.
Target first: 2238 USDT.
Support reference: 2059 USDT.
But the biggest risk at this level is the support suddenly breaking down.