$BANANAS31 Slippery Slope: Breakdown Below the Rind.....
$BANANAS31 just plunged to a sharp low of 0.014968 after a tight-range consolidation, signaling a failed support hold. This breakdown with high red volume hints at a potential acceleration to the downside.
🔻 Short Trade Setup
• Entry Zone: 0.01570 – 0.01575
• TP1: 0.01510
• TP2: 0.01460
• TP3: 0.01390
• Stop Loss: Above 0.01610
📉 Trade Insight:
A sudden wick-down after range compression often marks the start of a new leg lower. If the current bearish momentum persists below the breakdown point, sellers may find an edge here. Stay alert for volume spikes and lower highs.