$BANANAS31 BREAKOUT OR PULLBACK? Teeters After Sharp Dip—Big Move Ahead?
$BANANAS31 just slipped to $0.005088, down -5.81% from its earlier highs, after failing to sustain above the $0.00543 zone. Volume remains high at 413.47M, signaling ongoing interest—but the structure looks vulnerable. With buyers holding 68.31% dominance in the order book, a bounce attempt is brewing.
Key Levels to Watch:
• Immediate Resistance: $0.005104
• Immediate Support: $0.005060
Price is consolidating between these key levels. A breakout or breakdown from here could lead to sharp intraday action.
Trade Setup – Eyes on Confirmation!
Bullish Scenario:
If price reclaims and holds above $0.005104:
• TP1: $0.00520
• TP2: $0.00535
Bearish Scenario:
If $0.005060 breaks down:
• TP1: $0.00498
• TP2: $0.00480
Stop-Loss:
• Long SL: $0.005050
• Short SL: $0.005110
Wait for a breakout confirmation candle before entering, and manage risk tightly.
