【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4-hour chart, the price is consolidating within a narrow range below the previous high resistance zone. This is a typical healthy cooldown after a breakout, not a top distribution.
Core Logic: The price is steadily rising with active buying volume and stable open interest on the latest 4-hour candle, retracing 23.6%. The key point is the consolidation after the breakout: 1) The price remains close to the high, with no deep retracement, indicating very weak selling pressure. 2) The order book shows buy orders accumulating between 0.00455-0.00457, providing immediate support. 3) Market logic suggests that the price increase accompanied by stable open interest rules out short-term panic selling and indicates orderly entry of new longs. Under this structure, consolidating above the support zone is preparing for the next upward push, with a clear probability advantage.
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【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4-hour chart, the price is consolidating within a narrow range below the previous high resistance zone. This is a typical healthy cooldown after a breakout, not a top distribution.
🎯 Direction: Long
🎯 Entry: 0.00455 - 0.00460
🛑 Stop Loss: 0.00435 $BANANAS31 Rigid Stop Loss (
🚀 Target 1: 0.00495
🚀 Target 2: 0.00520
Core Logic: The price is steadily rising with active buying volume and stable open interest on the latest 4-hour candle, retracing 23.6%. The key point is the consolidation after the breakout: 1) The price remains close to the high, with no deep retracement, indicating very weak selling pressure. 2) The order book shows buy orders accumulating between 0.00455-0.00457, providing immediate support. 3) Market logic suggests that the price increase accompanied by stable open interest rules out short-term panic selling and indicates orderly entry of new longs. Under this structure, consolidating above the support zone is preparing for the next upward push, with a clear probability advantage.
Trade here 👇 )
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