$BANANAS31 USDT Preparing for a Bearish Reversal — Momentum Quickly Losing Strength 🔻
After a parabolic rise and a massive tail upwards, $BANANAS31 USDT shows clear signs of exhaustion. The sharp rejection from the highs and a series of red candles on the hourly chart indicate the likelihood of a reversal or a deeper pullback.
🔴 Short Trading 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 is forming lower highs. Momentum indicators are trending down on lower timeframes, indicating bearish pressure accumulating below $0.011.
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