$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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