#BTCvsMarkets Market Snapshot:

BANANAS31 shot up sharply but instantly got smacked down from the $0.00618 zone – classic wick trap. The market shows signs of exhaustion with a lower-timeframe bearish engulfing pattern forming.

📍 Key Levels:

• Resistance: $0.00610 – $0.00618

• Support: $0.00585

• Breakdown Trigger: $0.00592

📊 Short Trade Setup:

• Entry Zone: $0.00597 – $0.00600

• Targets:

TP1: $0.00585

TP2: $0.00570

TP3: $0.00558

• Stop Loss: $0.00612

🔎 Bearish Insight:

Huge upper wick = smart money exit or liquidity grab. Weak follow-up candles signal seller strength and fading momentum.

💡 Pro Tip:

Watch for a second rejection near $0.00600 with decreasing volume for an ideal low-risk entry.