$BANANAS31 /USDT Trade Setup

Market Insight:

$BANANAS31 saw a sharp 39.43% drop in the last 24 hours, making it a high-risk, high-reward candidate. However, zooming out, it’s still up over 100% in the past 30–90 days, which signals strong underlying bullish sentiment despite short-term volatility. MACD likely suggests bearish momentum, and the price is below the SAR at 0.017179, signaling a continued downtrend unless a bounce occurs.

🔹 Entry:

$0.01080 – $0.01220

(Current price: $0.01194, close to support. Watch for stabilization here.)

🎯 Targets:

Target 1: $0.01550 (near resistance zone)

Target 2: $0.01720 (SAR pivot area)

Target 3: $0.02000 (24h high & key psychological level)

🛑 Stop Loss:

$0.00980 (below the 24h low and a key invalidation level)

🔑 Key Levels:

Support: $0.01025 / $0.01093

Resistance: $0.01552 / $0.01718 / $0.02019

SAR: $0.017179

Depth Resistance Wall: $0.02605 – $0.03659

💡 Pro Tip:

Given the massive volatility, wait for a bullish confirmation (e.g., price reclaiming $0.01250 with increasing volume) before entering. Set staggered take-profits due to the illiquidity and steep order book steps.

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