$BANANAS31 Struggles at Resistance – Breakout Brewing or Fading Hype?
BANANAS31/USDT is currently trading at $0.004742, showing signs of consolidation after a recent spike. Price is repeatedly testing the $0.00475–$0.00480 zone but hasn’t broken out cleanly yet. With volume easing, the next move will decide the direction.
Key Levels to Watch:
• Resistance: $0.00485 – A breakout above this may send price toward $0.00495 and $0.00510.
• Support: $0.00470 – If this level breaks, we could revisit $0.00450 and $0.00430.
Trade Setup – Wait for Breakout or Breakdown Signal
Bullish Scenario:
• Entry: On confirmed breakout above $0.00485
• TP1: $0.00495
• TP2: $0.00510
Bearish Scenario:
• Entry: On a breakdown below $0.00470
• TP1: $0.00450
• TP2: $0.00430
Stop-Loss: Use tight stop-loss just below/above entry triggers to reduce risk from fakeouts.