$BANANAS31 Breakdown or Bounce? Bulls on the Edge, Eyes on Reclaim Zones!
BANANAS31 is trading at $0.02460, sharply down by over 10% on the day. After a massive recent surge, the price is now retracing and testing a crucial support area. The next few candles will likely decide whether this is a final shakeout or a reversal setup.
Key Technical Levels
• Immediate Resistance:
• $0.02580 – First hurdle to break short-term bearish pressure
• $0.02790 – Major resistance zone, reclaim here may open path toward $0.030+
• Support Zone:
• $0.02396 – Today’s low and last defense zone
• A break below could drive price down to $0.02250 or lower
Trade Setup – Time to Watch for Reversal Signs
• Bullish Entry: Reclaim and close above $0.02580
• TP1: $0.02700
• TP2: $0.02850
• TP3: $0.03000
• Bearish Entry: Breakdown below $0.02390 with strong volume
• TP1: $0.02250
• TP2: $0.02100
• TP3: $0.01950
Despite the heavy dip, BANANAS31 has strong historical momentum (over 300% in 30 days). Volume remains significant, suggesting traders are still active — but sentiment hinges on reclaiming resistance soon.
This is a make-or-break zone — bounce now or break lower!
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