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【$BANANAS31 Signal】Bullish breakout followed by high-level consolidation, short-term momentum still exists
$BANANAS31 RSI 1H soared to 72.25, order book depth shows buying pressure weakening, significant accumulation around 0.0094.
4H MACD histogram expanding, bullish trend remains intact.
🎯Direction: Long
⚡Entry/Order: 0.00938576 - 0.00941400
🛑Stop loss: 0.00894330
🚀Target 1: 0.01012005
🚀Target 2: 0.01047307
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
If price falls back into entry zone, automatically exit to protect capital.
Current risk-reward ratio is 1.5, overbought area suggests caution for chasing longs, but funding rate is only 0.005%, no short squeeze pressure.
4H trend is upward, more stable to add longs after minor pullback on smaller timeframes.
Check real-time market 👇 $BANANAS31
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