$BANANAS31 /USDT – BEARISH MOMENTUM CONTINUES 🍌📉
🚨 CURRENT PRICE: $0.007977
📉 DAILY CHANGE: -2.28%
📊 24H HIGH / LOW: $0.017468 / $0.007176
🔍 TECHNICAL ANALYSIS (1H / 4H Chart Overview):
The price of $BANANAS31 has experienced a sharp decline, losing nearly 50% from its recent highs. Current price action is bearish, with no strong reversal signals yet.
📌 Key Resistance Levels:
$0.011000 – Major supply zone & previous support turned resistance
$0.009000 – Mid-range resistance from breakdown
$0.008500 – Intraday rejection zone
📌 Key Support Levels:
$0.007176 – Daily low, minor support
$0.007000 – Psychological round number
$0.006200 – Next strong support zone
🧨 TRADE SETUP – SHORT ENTRY IDEA:
🔻 Entry: $0.008300 - $0.008500 (on retest of minor resistance)
🎯 Targets (TP):
TP1: $0.007200
TP2: $0.006200
🛑 Stop Loss (SL): $0.009100
📉 Bias: Bearish below $0.009000
📈 Invalidation: Break and close above $0.009100
🛡️ RISK MANAGEMENT:
Use max 1-2% of your capital per trade
Ensure Risk:Reward ≥ 1:2
Stick to SL to avoid emotional exits
⚠️ Trade the trend, not your emotions – let the chart lead the way! 💹💀
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