$BANANA S31 – BEARISH OUTLOOK | $1 SOON IS VERY UNLIKELY 🚫

Current price of $BANANAS31 is roughly $0.0049 USD.

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🔍 KEY LEVELS:

Support Zones:

🔹 Around $0.0045 — recent swing low on 24h & weekly timeframes.

🔹 $0.0040 — psychological round number support; if broken, risk of further collapse.

Resistance Zones:

🔸 Approximately $0.0053–$0.0055 — recent intra‑day high.

🔸 $0.0060–$0.0070 — next resistance cluster from earlier price history.

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💼 TRADE SETUP – SHORT ENTRY BEING PREFERRED 💼

📍 Entry (Short): around $0.0053–$0.0055, ideally once it fails to break cleanly above resistance with weak volume.

🎯 TP1: $0.0048 (partial target)

🎯 TP2: $0.0042–$0.0040 (stronger support)

🛑 SL: above $0.0060 (above resistance cluster)

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⚖️ RISK MANAGEMENT:

✅ Limit risk to 1‑2% of your trading capital on this trade.

✅ Use tight stop‑loss above resistance, and consider scaling in rather than putting whole position at once.

✅ Be ready for high volatility — meme tokens often have rapid pump‑and‑dump moves.

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🚀 CONCLUSION: Given the huge gap between current price (~$0.005) and $1, reaching $1 would require an increase by ~20,000%. That is extremely unlikely without massive, sustained demand, huge token burn or a supply cut, and major exchange listings. So short‑term outlook is bearish or at best neutral unless major catalysts emerge. $BANANA