$BANANAS31 IN TIGHT RANGE – READY FOR A SQUEEZE?
$BANANAS31 is currently trading at $0.005389, locked in a narrow range just under resistance. Despite minimal price movement today (-0.07%), price compression and rising volume hint at an upcoming breakout or breakdown.
Key Price Levels:
• Resistance Zone: $0.005410 – $0.005440
• Support Zone: $0.005370 – $0.005340
Trade Setup – Watch for Breakout Confirmation:
• Bullish Breakout Strategy:
If price breaks above $0.005440 with sustained buying volume:
• TP1: $0.005480
• TP2: $0.005520
• Stop-Loss: Below $0.005360
• Bearish Breakdown Strategy:
If price fails to hold $0.005370 and dips below $0.005340:
• TP1: $0.005280
• TP2: $0.005200
• Stop-Loss: Above $0.005410
Let price confirm direction before entry and keep stop-losses sharp.