$BANANAS31 🤑🤑🤑🚀
CurrentPrice
0.005805 USDT📌
#BananaAnalaysis 🔥🔥🔥🔥
ChangingInOneDay
Up by 2.53 percent, showing slight bullish movement.
StepByStep
1. CurrentPrice 0.005805
2. 24hHigh 0.005860 24hLow 0.005632
3. Volume 449.62M BANANAS31 traded with 2.58M USDT
4. MA(7) 0.005760 MA(25) 0.005752 MA(99) 0.005582, showing price near support levels.
Targets
TP1 0.005710
TP2 0.005630
TP3 0.005550
MarketInsight
Price is holding near the high of 0.005860, but the volume in USDT is relatively low compared to the volume in BANANAS31, indicating potential weak buying pressure. MA indicators suggest support near 0.005750 and resistance near 0.005860.
Protip
Look for short opportunities if price starts rejecting at or near 0.005860. Watch for rejection wicks on the 15m or 1h chart and enter after price starts consolidating below 0.005800.
RiskManagement
Use 1.5% of capital per trade. Avoid entering during a breakout unless confirmed by strong volume and sustained price action.
EntryZone
Consider entry near 0.005860 if price starts showing bearish reversal or rejection signs.
BearishSetup
Resistance around 0.005860 is likely to limit further upside. RSI could be approaching overbought, and volume is diverging, indicating possible exhaustion of upward momentum.
StopLossAndTakeProfit
StopLoss 0.005900
TakeProfit at TP1, TP2, TP3 (scale profits as price moves down)
MaximumProfitOrLoss
MaximumProfit: 0.000255 per token if TP3 is hit.
MaximumLoss: 0.000095 per token if stop-loss is triggered.
AdviceToGetMaximumProfitAndAvoidLoss
Wait for a price rejection or bearish candle close near resistance at 0.005860. Secure partial profits at TP1 and trail stop to break even after TP1. Avoid holding past TP3 if momentum fades.
ShortData
Volume is high in BANANAS31, but the USDT volume is relatively low. If price fails to break above 0.005860 with increased volume, shorting is a viable option.
Let me know if you'd like further details or adjustments!