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1. ✅ Set clear goals
Type of strategy: short to medium duration (from hours to weeks).
Profit target: for example +10% over your entry price (~0.0157 USD)
Stop-loss: -5% (~0.0135 USD) to limit losses.
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2. 📊 Technical analysis
Intraday range: 0.01335–0.01424 USD
Key resistance: near the intraday high (~0.01424–0.01430 USD)
Important support: just above the intraday low (~0.0134 USD)
Trend in 7 days: approximately +30% — shows upward momentum, ideal for entering on pullbacks near support.
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3. 🧭 Entry point
Pullback to support: wait for the price to drop to ~0.0135–0.0138 USD and confirm upward reversal (bullish candles or positive volume).
Scaled purchase: divide your investment into 3 parts:
1. First purchase at 0.0138 USD
2. Second at 0.0136 USD
3. Remainder at 0.0134 USD
This improves your average price and reduces risk.
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4. 🎯 Set goals for exit
First partial target: +5% → exit at ~0.01495 USD
Second target: +10% → exit at ~0.0156 USD
Trailing stop: if it reaches +10%, move stop-loss to +5% from the peak to capture more in case of continued upward moves.
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5. 📉 Risk control
Initial stop-loss: -5% from your first entry → ~0.0131 USD
Position size: no more than 1–2% of your capital in each trade
Emotional management: set entries/exits and avoid emotions — eliminate the temptation to 'wait for more' or enter under FOMO.
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6. 🔍 Monitor key indicators
Volume: the increase in volume confirms breakouts to the upside.
Volatility: check if it remains high (like +8% intraday at other times) — important for sizing spreads and stops.
News/reddit/X: updates such as DeFi integrations or listings (Binance, Kraken, Gate) can spike prices.
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7. 📝 Trade example
Entry 0.0136 USD Amount 10,000 BANANAS31
Stop-loss: 0.0129 USD (−5%)
TP1: 0.01428 USD (+5%) → +680 USD
TP2: 0.0150 USD (+10%) → +1,400 USD
Possible actions after TP2:
Relocate stop-loss above entry
Or complete exit and reinvest profits
Continue with trailing stop if momentum is maintained
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8. 🔄 Post-trade review
After closing, analyze if you followed the plan, review what went well/wrong and refine entries/exits or emotional management for the next trade.
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⚠️ Final considerations
Memecoin cryptocurrencies like BANANAS31 are very volatile: ideal for agile traders with adequate protection.
Never invest more than you can afford to lose.
Use reliable exchanges (Binance, Kraken, Gate) and ensure you have a wallet (MetaMask/BSC).
#Spot #trading #StrategicTrading #BANANAS31USDC $BANANAS31