$BANANAS31 /USDT – BEARISH BREAKDOWN IN PLAY
Current Price: $0.009294
24h Change: -32.88%
TECHNICAL ANALYSIS
BANANAS31 has broken down sharply, showing strong bearish momentum. After failing to sustain above $0.012500, the price plunged below key support levels, indicating potential for further downside. Volume is elevated – a sign of aggressive selling.
KEY LEVELS
🔸 Resistance Levels:
$0.010500 – Minor Resistance
$0.012000 – Major Resistance (Last rejection zone)
🔹 Support Levels:
$0.008800 – Near-term Support
$0.008400 – Critical Support (24h low)
TRADE SETUP – SHORT ENTRY IDEA
Entry: $0.009300 - $0.009500 (on slight bounce)
Stop Loss (SL): $0.010200 (above minor resistance)
Take Profit (TP):
TP1: $0.008800
TP2: $0.008400
TP3 (Stretch): $0.007900
RISK MANAGEMENT
Never risk more than 1-2% of your capital on a single trade.
Use a tight SL to protect capital.
Monitor volume and lower timeframes for confirmation before entry.
Trade the trend. Manage your risk. Stay sharp. #MemecoinSentiment #ETHBreaks3k #USCryptoWeek #ArbitrageTradingStrategy #Write2Earn $BANANAS31