$BANANAS31 USDT Bearish Reversal Setup — Momentum is Rapidly Declining 🔻
After a parabolic rise and a massive upper wick, $BANANAS31 USDT shows clear signs of exhaustion. The sharp rejection from the highs and a series of red candles on the hourly chart indicate a potential reversal or deeper retracement.
🔴 Short Trade Signal
Entry Zone: $0.01070 – $0.01120
Stop Loss: $0.01260
Take Profit:
• TP1: $0.00940
• TP2: $0.00860
• TP3: $0.00780
Margin: 2–3% of the portfolio
Leverage: 10x
📉 Market Outlook:
Volume is decreasing after an explosive peak. The price fails to hold above the breakout zone and forms lower highs. Momentum indicators are trending down on lower time frames, indicating bearish pressure building under $0.011.