$BANANAS31 /USDT ā Short Trade Market Insight (Quick Signal Post)ššØ
Seed Sector Gainer | +45.14% 24h Surge
š Technical Snapshot
BANANAS31 has posted a strong 45% rally, hitting a 24h high of 0.006376 after bouncing sharply from the low of 0.003835.
Current price shows slight cooling at 0.005573, signaling early weakness after a strong pump, which supports a short-bias setup.
Key Observations:
Price is forming lower highs near the 0.0060ā0.0064 zone ā early exhaustion.
Volume remains high, but momentum indicators likely overheated (RSI-style burn-off).
Failure to hold above 0.006000 suggests a potential retracement leg.
š Short Trade Signal
Entry Zone: 0.00580 ā 0.00600 (rejection region)
Stop-Loss: Above 0.00650 (breakout invalidation)
šÆ Downside Targets
1. TP1: 0.00520
2. TP2: 0.00475
3. TP3: 0.00420 (high-probability retrace zone if momentum collapses)
š” Pro Tip
After +40ā50% daily pumps, weak retests of local highs often create ideal short setups.
Wait for wick rejections or fading volume confirmation before entering the short.