After a long consolidation under the trend line and the downtrend, the price begins to show strength.

Now locally there is a squeeze under the trend line with a possible further breakdown and its retest as support, which would be a great place to take long positions.

The local target of this movement is the liquidity gap between the levels of $2800-$2900, which the price has already tested many times as resistance.

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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.