$BANANAS31 USDT – AFTER THE SPIKE, CONSOLIDATION OR FURTHER DROP?

HUGE WICK TO $0.073974 FOLLOWED BY STRONG SELL-OFF.

PRICE NOW TESTING MA(99) SUPPORT ZONE.

$BANANAS31 exploded nearly 3x to its high but quickly gave back most gains, now hovering just above the MA(99) on the 15M chart. The downtrend remains intact with MA(7) and MA(25) sloping down. Current sideways action suggests a potential pause — either for a base or more downside.

Next Move Setup: Wait for confirmation

Break above $0.037 = potential bounce

Break below $0.032 = short continuation

Trade Idea (Short-biased):

Entry: $0.0355

Targets: $0.0325 / $0.0300

Stop Loss: $0.0380

Let the price action speak — avoid chasing. Look for structure, not spikes.

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