$$BASED It rose 29.81% in 24 hours, but the trading volume of 178 million is still surging. At this position of 0.1301, what are the smart money betting on?

[News Source] On-chain monitoring: In the past 6 hours, a new whale address bought a total of 24k ETH worth of $BASED through 3 transactions, with an average price of 0.125. Currently, it has a floating profit of about 4%. This address has never traded this token before.
[Translation of Trading Logic] A whale entered the market with a clear cost, indicating someone is willing to take orders in this range. The current price of 0.1301 is only 4% away from the 0.125 cost zone, not significantly deviated. If this is accumulation rather than short-term trading, 0.12-0.125 will become strong support, but 0.133 above is the previous high; breaking through it will confirm the trend continuation. In terms of operation, those with a base position can set a stop loss at 0.122; those without positions can wait for a pullback to 0.124-0.126 to enter, targeting 0.135-0.14, with position size controlled within 2% per trade. If the whale cancels the order or 0.119 breaks, exit immediately.
Has the news been priced in? The whale bought near 0.125, and the current price is 0.1301, indicating the market has not fully digested this signal, but the previous high of 0.1328 is an intuitive resistance level.