#Bananas31 $BANANAS31

Based on the 1-hour chart

90% Bearish Chance #SHORT 

....Technical Analysis:

✅ Indicators Summary:

Price: $0.015945 (+2.92%)

MA(7): $0.016248 (price is below this short-term average — bearish signal)

MA(25): $0.015789 (price is barely above this — neutral)

MACD: Bearish crossover (MACD: -0.000071)

RSI(6): 45.29 (neutral, leaning bearish — no overbought condition)

Volume: Recent red candle with strong volume — possible reversal or profit-taking.

📉 Suggested Strategy: Short Position Bias

🎯 Why SHORT?

Bearish MACD crossover suggests downward momentum.

Price rejection at $0.017468 high indicates resistance and likely a local top.

Falling volume after bullish move + big red candle = weakening trend strength.

RSI(6) around 45 implies no oversold or overbought — room to fall.

🔽 Trade Plan (Short):

Entry: Around $0.0159 – $0.0160

Take Profit (TP): $0.0152 – $0.0150 (previous consolidation zone)

Stop Loss (SL): $0.0165 (above recent high/resistance)

⚠️ When to Go Long Instead?

Only consider a long trade if:

Price closes above $0.0170 on strong volume.

MACD flips bullish.

RSI crosses above 60 and holds.

Confirmation candle with solid body on breakout.

🧠 Risk Management Tips:

Position size: Risk only 1–2% of your total capital.

Watch for fakeouts, especially on low timeframes.

Re-evaluate if a bullish engulfing or strong support forms above MA(25).

🔚 Summary:

Current best strategy (≈90% confidence based on technicals): SHORT

Key Level to Break for Long Reversal: $0.0170+

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