High-Reward Bullish Trade Setup for $BANANAS31 /USDT – Momentum Meets Precision
It is trading at $0.019307, up 3.73% and nearing its 24-hour high of $0.019436. The asset has shown explosive volatility, climbing from a daily low of $0.013966 with exceptionally high retail volume—over $39.65M in 24 hours—suggesting strong market interest. While the current trend is parabolic, a healthy pullback is likely before the next potential leg up.
Entry Zone: $0.01800 – $0.01850
This zone aligns with the 38.2–50% Fibonacci retracement, offering an ideal area to enter on a dip. Wait for confirmation via bullish reversal candles like a hammer or bullish doji to avoid entering during a false pullback.
Take Profit Targets:
• TP1: $0.01950 – Testing the 24h high for a quick 5% gain
• TP2: $0.02000 – Psychological resistance level
• TP3: $0.02200 – An extended target if momentum sustains
Stop Loss: $0.01750
Set below the recent swing low with a 5% buffer to manage downside risk. After reaching TP1, move your stop to breakeven to protect capital.
Exit Strategy:
Take 50% profits at TP1, 30% at TP2, and let the remaining 20% ride to TP3 in case the parabolic move continues.
Pro Tip: This is a highly speculative meme coin with extreme volatility. Use only risk capital and limit exposure to 1–2% of your portfolio. Let the setup come to you—don't chase green candles.
Trade here 👉🏻 $BANANAS31