$BANANAS31
Trade Recommendation: SHORT (Futures) Rationale:
Dominant Downtrend: Price below SAR, ▼4.47% daily decline.
Oversold but Weak: RSI near oversold, but volume is fading—no strong reversal signal.
Resistance Cap: SAR ($0.006568) and 1-hour highs reject upward moves.
Targeting Low: Breakdown below $0.006267 likely to accelerate selling.
Trade Setup
Entry $0.006400 | Aggressive entry near current price; confirms rejection of bounce.
Stop Los $0.006620 Above SAR ($0.006568) and recent swing highs.
Take Profit $0.006100 | Below 24h low; aligns with ▼7% drop from entry (1:2.5 risk-reward).
Risk Management
- Position Size: ≤3% of capital.
- Leverage: ≤5x (high volatility).