$BR USDT Perp is showing strong bullish momentum after a powerful expansion move. The price surged from a low of 0.05547 and quickly climbed to a high of 0.06170, reflecting aggressive buying pressure and a short squeeze effect.
After the sharp rally, the market entered a healthy consolidation phase, which is a positive sign of strength rather than weakness. Currently, the price is trading near 0.0606, maintaining a gain of over 8% on the day.$BTC
Trading volume remains high, indicating strong participation and genuine market interest. This suggests that buyers are still active and the trend has solid support.
The key level to watch is 0.0595. As long as price holds above this support, bulls remain in control. If the market manages a clean breakout and reclaim above 0.06170, it could open the door for the next upward move and further price expansion.
Overall, the structure remains bullish, with consolidation likely building the base for the next potential rally.$USDC
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