---
1. 📊 Current market status
Current price: ~$0.01796, fluctuating between $0.0142 and $0.01799 during the day.
Recent increase: rose ~6-8% in the last 24 hours and +18-23% in the last week.
Volume and capitalization: daily volume ~ $50–70M; capitalization ~$155–165M.
> 🔍 Key warning: Traders Union alerts about the possibility of pump & dump, indicating concentration of tokens in few hands and speculative movements.
---
2. 🧩 Technical levels to consider
Supports: ~$0.0153–0.0155 (recent lows)
Resistances: ~$0.0167–0.0170 (recent highs and ATH)
Patterns and signals:
Breakouts with high volume could indicate a bullish continuation if it exceeds $0.0168–0.0170.
Drops without additional volume could suggest consolidation or reversal.
---
3. 🎯 Spot trading strategy
A) Controlled accumulation
Take advantage of intraday drops (e.g. ~$0.0153–0.0155).
Divide your purchase into parts: e.g. 3 equal parts; buy at ~ $0.0155, $0.0160, and $0.0165.
B) Main entry point
On breakout of resistance with volume (> daily average):
Entry: just after closing above ~$0.0170–0.0172.
C) Risk management
Stop-loss: 2-5% below your entry point. e.g. if you enter at $0.0165, SL at $0.0157 (-5%).
Position size: only risk 1-2% of your total capital per trade.
D) Taking profits
TP1: conservative target at ~$0.0179–0.0180 (intraday resistance/ATH).
TP2: extended target at ~$0.019–0.020 if breakout is confirmed with volume.
Review and adjust SL upwards as the price moves up ('trailing stop') to protect profits.
---
4. 🕒 Timeframe and tracking
Use 1h and 4h charts to confirm entries, volumes, and breakouts.
Constantly monitor the volume, as a drop usually indicates a loss of momentum.
Set automatic alerts on key exchanges (Binance, Kraken, MEXC…) at critical levels like $0.0155 / $0.0170 / $0.0180.
---
5. ⚠️ Risks and controls
High volatility: a strong correction may occur. Do not place all your capital at once.
Pump & dump: be aware of the Traders Union alert about possible manipulation.
Regulatory uncertainty: unbacked memecoins could quickly lose value.
Check news and networks for unusual movements (whale or large holder alerts).
---
🧠 Plan summary
Action Level
Partial accumulation $0.0153–0.0155
Main entry after breakout > $0.0170–0.0172 with volume
Stop-loss -2% to -5% from the entry level
TP1 $0.0179–0.0180
TP2 $0.019–0.020 (extended)
---
✅ Additional recommendations
Start with capital you can afford to lose without compromising personal finances.
Adjust your strategy if the market
do changes (volatility, news).
Also consider techniques like dollar-cost averaging if you plan to HODL > week.
#Spot #trading #StrategicTrading #BANANAS31USDC $BANANAS31
