【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
$BANANAS31 After a massive volume breakout from the previous consolidation zone on the 4H chart, the price has entered a tight consolidation at high levels, showing a healthy reset pattern.
🎯Direction: Long
🎯Entry: 0.00372 - 0.00375
🛑Stop Loss: 0.00353 (Rigid Stop Loss)
🚀Target 1: 0.00395
🚀Target 2: 0.00415
Market Logic Core: 1) Key Data: The breakout candlestick (04:00-08:00) shows volume surging over 10 times, with Taker being a net buyer, indicating a clear signal of institutional capital entering, rather than just a short squeeze. 2) Market Psychology: After the breakout, the price did not quickly fall back but instead formed a narrow consolidation at high levels (0.00354-0.00378), with sparse sell orders (Top Ask only 10,000), indicating very light selling pressure above, typical of a breakout accumulation/shakeout pattern. 3) Probability Advantage: Open interest remains stable, funding rates stay low and positive, with no signs of overheating. The price remains above the breakout zone upper boundary (0.00356), maintaining the validity of the breakout. As long as it does not fall below this support area, the probability of continuing upward is higher.
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【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
$BANANAS31 After a massive volume breakout from the previous consolidation zone on the 4H chart, the price has entered a tight consolidation at high levels, showing a healthy reset pattern.
🎯Direction: Long
🎯Entry: 0.00372 - 0.00375
🛑Stop Loss: 0.00353 (Rigid Stop Loss)
🚀Target 1: 0.00395
🚀Target 2: 0.00415
Market Logic Core: 1) Key Data: The breakout candlestick (04:00-08:00) shows volume surging over 10 times, with Taker being a net buyer, indicating a clear signal of institutional capital entering, rather than just a short squeeze. 2) Market Psychology: After the breakout, the price did not quickly fall back but instead formed a narrow consolidation at high levels (0.00354-0.00378), with sparse sell orders (Top Ask only 10,000), indicating very light selling pressure above, typical of a breakout accumulation/shakeout pattern. 3) Probability Advantage: Open interest remains stable, funding rates stay low and positive, with no signs of overheating. The price remains above the breakout zone upper boundary (0.00356), maintaining the validity of the breakout. As long as it does not fall below this support area, the probability of continuing upward is higher.
Trade here 👇 $BANANAS31
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