The data doesn't look right. $BASED The 24-hour increase is 26%, with trading volume soaring to 31.6 million USD, but the price is repeatedly testing the 0.0990 resistance around 0.0983 without breaking through. This kind of volume contraction combined with huge trading volume clearly indicates that the market maker is testing retail investors' patience.

Three possibilities: 1) High-level turnover, the market maker is pushing up while selling off, waiting for retail investors to buy in before crashing the price; 2) Funds are counter-trading to shake out weak hands, preparing for the next wave to break the 0.1 psychological barrier and then harvest profits; 3) News has been leaked in advance, someone is accumulating stock but doesn't want the price to rise too quickly.
If it were me, I wouldn't chase at the 0.0983 level. Wait for a pullback to the 0.0920-0.0940 range and then lightly open long positions to test, with a stop loss set at 0.0880, targeting 0.1050. Keep position size at 10-20%, don't bet heavily.
Signals like this don't come around often in a year, but each time they lead to big traps or big gains—don't be greedy.