๐ $BANANAS31 / USDT Long Strategy ๐๐
๐ง Market Overview
Current Price: ~$0.005245
Trend: Short-term bullish; recent volatility observed
Key Resistance: $0.0055 ๐ง (recent high), $0.0060 ๐ (next major level)
Key Support: $0.0050 ๐ก๏ธ (local support), $0.0048 ๐ฏ (historical demand)
๐ Banana For Scale has experienced significant volatility recently, including a sharp price drop attributed to large sell-offs by a few users. Traders should exercise caution and ensure proper risk management.
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๐ข Entry Now or Pullback Entry ๐ฏ๐ช
Zone: $0.0050 โ $0.0051
Conditions:
โ๏ธ Price retraces to this zone with decreasing volume ๐
โ๏ธ RSI remains above 50, indicating bullish strength ๐
โ๏ธ MACD shows a bullish crossover ๐
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๐ฃ Entry Zone 2: Breakout Trade ๐ฅ๐
Zone: $0.0053 โ $0.0054
Conditions:
โ๏ธ Break above resistance with surge in volume ๐
โ๏ธ Retest & hold confirms momentum ๐
โ๏ธ MACD bullish crossover sparks continuation โก๏ธ
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๐ฏ Profit Targets ๐ฏ๐ฐ
TP1: $0.0054 ๐ฏ (minor resistance)
TP2: $0.0056 ๐๏ธ (strong resistance zone)
TP3: $0.0057 ๐ (stretch target under supply)
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๐ Stop-Loss โ ๏ธ๐ก๏ธ
Pullback SL: Below $0.0049 โ
Breakout SL: Below $0.0052 ๐
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๐ Risk Management Tips ๐๐ง
๐ธ Risk 1โ2% capital only per trade
โ๏ธ Maintain 2:1 reward-to-risk ratio
๐ Shift SL to breakeven after TP1
โณ Avoid overtrading โ stick to clean, high-conviction setups
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โ ๏ธ DYOR โ Always do your own research before entering. Crypto markets are volatile โ protect your capital with discipline.
โ Buy and Trade here on $BANANAS31