$BANANAS31 /USDT – Bearish Pressure Building

Current Price: $0.005742 (+9.45%)

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Despite the recent bounce, $BANANAS31 is facing strong resistance near $0.006000 and moving averages suggest a potential reversal. Price is close to MA(7) but still below MA(25) and MA(99), indicating bearish pressure might continue.

Quick Trade Setup:

Entry: $0.005700 – $0.005740

TP1: $0.005300

TP2: $0.005100

SL: $0.005900

Key Points:

24h volume high but price struggling to hold above $0.005800

Watch for breakdown below $0.005678 for further downside momentum

Watchlist Tag: Watch for short opportunity if price breaks support levels with volume confirmation.

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