【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
$BANANAS31 After volume breakout on the 4H timeframe, the price is undergoing healthy consolidation below the previous high resistance zone. Price action indicates sustained buying pressure absorbing selling pressure, with the 4H candlestick closing above the breakout level, maintaining a bullish structure.
🎯Direction: Long
🎯Entry: 0.00395 - 0.00403
🛑Stop Loss: 0.00382 (Rigid Stop Loss)
🚀Target 1: 0.00435
🚀Target 2: 0.00460
Logical Core: 1) Significant volume-increasing bullish candlestick on the 4H timeframe (buy/sell ratio 0.58), confirming main force entering the market, not just a short squeeze. 2) Open interest remains stable, funding rate slightly positive, indicating the upward movement is led by spot/perpetual longs, with a healthy structure. 3) Order book shows sparse sell orders in the 0.0040-0.0043 range, with weaker resistance above, providing room for price continuation. The current consolidation is a healthy cooldown after breakout; as long as it does not fall below the previous breakout upper boundary (0.0039), the higher probability path is upward continuation.
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【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
$BANANAS31 After volume breakout on the 4H timeframe, the price is undergoing healthy consolidation below the previous high resistance zone. Price action indicates sustained buying pressure absorbing selling pressure, with the 4H candlestick closing above the breakout level, maintaining a bullish structure.
🎯Direction: Long
🎯Entry: 0.00395 - 0.00403
🛑Stop Loss: 0.00382 (Rigid Stop Loss)
🚀Target 1: 0.00435
🚀Target 2: 0.00460
Logical Core: 1) Significant volume-increasing bullish candlestick on the 4H timeframe (buy/sell ratio 0.58), confirming main force entering the market, not just a short squeeze. 2) Open interest remains stable, funding rate slightly positive, indicating the upward movement is led by spot/perpetual longs, with a healthy structure. 3) Order book shows sparse sell orders in the 0.0040-0.0043 range, with weaker resistance above, providing room for price continuation. The current consolidation is a healthy cooldown after breakout; as long as it does not fall below the previous breakout upper boundary (0.0039), the higher probability path is upward continuation.
Trade here 👇 $BANANAS31
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