$BANANAS31 /USDT – Bearish Pressure with Possible Support Bounce!

Momentum Analysis:

$BANANAS31 has dropped by 12.53% in the last 24 hours, with the current price at $0.005011, indicating a continuation of bearish pressure.

The 24h high of $0.005748 suggests previous bullish momentum, but the recent dip could indicate a retracement or consolidation.

Long Setup:

Entry Zone: $0.00491 - $0.00501 (support retest)

Target 1 (T1): $0.00520

Target 2 (T2): $0.00535

Target 3 (T3): $0.00550

Stop Loss: $0.00480 (below support)

Breakout Confirmation Level: Watch for a breakout above $0.00520 Key Support: $0.00491

Pro Tip for Traders:

If the price holds above $0.00491, there could be potential for a bounce back. If the support breaks, watch for further downside pressure.

Relevant Hashtags: #BANANAS31USDT #CryptoAnalysis #BearishRetracement #Altcoins #Binance