【$BANANAS31 Signal】Long | Healthy Consolidation After Breakout

$BANANAS31 After a volume breakout on the 4H timeframe, the price is consolidating within a narrow range at a high level. This is a typical healthy reset rather than a top.

🎯Direction: Long

🎯Entry: 0.00388 - 0.00392

🛑Stop Loss: 0.00382 (Rigid Stop Loss)

🚀Target 1: 0.00425

🚀Target 2: 0.00450

Hardcore Logic: After breaking through the key resistance at 0.0038, open interest (OI) remains stable, indicating that the upward move is driven by genuine buying rather than short covering. Although the latest 4H buy/sell ratio dropped to 0.47, showing short-term profit-taking, the price has not retraced significantly, and sell orders above 0.00392 have noticeably thickened (see the 4.38 million sell order at 0.003919), forming a supply zone. This suggests that major players are absorbing selling pressure here to facilitate a shakeout. Coupled with the funding rate still being positive, market sentiment remains bullish but not overheated, setting the stage for further upward momentum. As long as the price holds above 0.00382 (the previous breakout upper boundary and dense buy zone), the upward structure remains intact.

Trade here 👇 $BANANAS31

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