Catch the Momentum Before It Peaks
๐ For Intraday Traders
If you are trading $BANANAS31 within the same day, a good entry is near 0.0082 to 0.0085 if thereโs a bounce signal. The first exit target can be 0.0095 to 0.0100, and if buying momentum increases, it may go up to 0.0112. Place a stop-loss at 0.0078. Make sure RSI crosses 50 and a green candle confirms the move. Close the trade within 24 hours to stay within intraday limits.
๐งพ For Long-Term Investors
Long-term investors can look to accumulate $BANANAS31 in the strong support zone between 0.0049 to 0.0075. Even now, itโs okay to start investing gradually using a DCA (Dollar Cost Averaging) approach. Long-term targets are 0.015 and 0.027. You donโt need a strict stop-loss, but only invest what you can hold for several months. Wait for the price to move above the 50-day moving average and RSI to cross 55 to confirm the start of a strong upward trend.
