【$BANANAS31 Signal】Long + 1H Breakout and Retest Confirmation

$BANANAS31 The 1H timeframe is showing strong consolidation above the EMA20, just completing a test of the previous high area. The 4H timeframe has broken through the previous consolidation zone, indicating a trend reversal to upward. The current price retracing after the breakout presents an excellent opportunity for a second entry.

🎯Direction: Long

⚡Entry/Order: 0.006800 - 0.006965

🛑Stop Loss: 0.006800

🚀Target 1: 0.007295

🚀Target 2: 0.007460

🛡️Trade Management:

- Execution Strategy: After the price reaches 0.007295, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.006965. If the price strongly breaks through 0.007460, move the remaining stop loss up to 0.007295 to aim for greater gains.

Depth Logic: The 1-hour chart shows that after the breakout, the price retested a key support area, with buy order depth far exceeding sell order depth, indicating strong support below. RSI is in a healthy zone without overbought signals. Open interest remains stable, combined with rising prices, indicating not a short squeeze but genuine buying pressure. The 4-hour timeframe has formed an upward structure, suggesting to accumulate in the retracement zone in batches.

View real-time market 👇 $BANANAS31

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