$BANANAS31USDT is trading at $0.015522, up a solid +8.74% for the day after a sharp move, but now showing signs of stalling below resistance near $0.01588. The price may be ready for a short-term pullback as buyers slow down.
🔑 Key Levels:
Support: $0.01440
Resistance: $0.01588
Current Price: $0.015522
🎯 Trade Setup (Short Entry):
Entry Zone: $0.01555 – $0.01588
Take Profit Targets:
TP1: $0.01440
TP2: $0.01350
Stop Loss: $0.01610
📊 Market Outlook: BANANAS31 spiked aggressively but is now facing strong resistance near its 24h high. Although volume remains high, the price structure suggests overextension, and a bearish wick or failure to hold above $0.01580 may confirm a reversal setup. Watch the 15m and 1h candle closes for weakness.
⚠️ Risk Management: Stick to 1–2% capital risk. Use your stop loss wisely to guard against volatility in meme or micro-cap perps. Avoid FOMO entries — wait for confirmation of weakness before shorting.
💥 Comment BEAR 🐻 if you think BANANAS31 will drop after this sharp pump!