$BLUAI 0.0144 This position is playing out a textbook-level "fake breakout trap" or "power buildup continuation," missing out if you don't watch the first 15 seconds.

In the past 24 hours, it rose from 0.0108 to 0.0147, a 25% increase, with a volume of 17.1 million in trading volume, and the 4-hour candlestick chart shows two doji stars with long upper shadows: 0.0147 is exactly the 0.618 Fibonacci resistance level of the previous high of 0.0152, where the bears dumped 8 million in sell pressure.
Now the price retraces to 0.0144, but the MACD DIF line is still above the zero line and opening up, with no death cross; RSI has fallen from the overbought zone of 82 to 62, a typical "pullback without breaking the trend line" — the standard is: if 0.0138 (the 24-hour average line) holds, this confirms a bullish continuation breakout.
Key signal: The 15-minute candlestick chart shows four candles consolidating with decreasing volume between 0.0140 and 0.0144, with volume dropping from 150k to around 25k. Is this large capital shaking out and absorbing orders or distributing?
Check the sentiment indicator: OBV (On-Balance Volume) is still making new highs, indicating inflow of funds hasn't stopped. But the risk point is if it breaks below 0.0138, then 0.0147 is a short-term top, and it will retest 0.0125 afterward.
Trading suggestion: Keep an eye on this: either break through with momentum to add positions or cut losses and exit.
Aggressive traders can open a small long position at 0.0144, with a stop loss at 0.0137, first take profit at 0.0152, second at 0.0168; conservative traders wait for a breakout above 0.0147, then enter on a retest and confirmation at 0.0143.
Position size should be controlled at 20-30%, don’t get carried away, because the 15-minute RSI is about to form a second golden cross, and if volume doesn’t support it, that’s divergence.
Technical target: If it truly breaks through, and holds above 0.0152, the next target is directly at 0.0180 (the midpoint of the large bearish candle body from the previous week).
For a pullback, 0.0108 is a strong support, but in the short term, watch 0.0138.
--- I’m Lao Wang, focusing only on naked K-lines and volume-price relationships. If you find this useful, follow me, and I’ll post early entry signals in the comments next time.