I am a beginner and here is my prediction for Bananas31. correct me if I am wrong

🔍 Chart Pattern Analysis (15m timeframe)

You’ve correctly identified a Head and Shoulders pattern again. Here's what's happening now:

✅ Confirmed Breakdown

The price is hovering at or slightly below the neckline, around 0.00739.

This looks like a breakdown in progress from the Head and Shoulders pattern.

Volume is gradually increasing on red candles — which is a bearish confirmation.

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📉 Bearish Signals

Neckline breached: That means the pattern has played out, and a further downward move is likely.

Volume behavior: Increasing red volume = sellers taking over.

Price rejection from right shoulder level confirms resistance near 0.00763.

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📊 Levels to Watch

Key Level Significance

0.00763 Right shoulder resistance

0.00750 Minor support, now broken

0.00739 Neckline area (currently breaking)

0.00725 First bearish target (support zone)

0.00710 Second bearish target, based on pattern height

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🔮 Prediction

Unless there's a sudden bullish reversal:

> Price likely to drop further toward 0.00725 and possibly 0.00710.

However, if price closes above 0.00750 again with strong green candle and volume, short-term bullish bounce is possible — but that's less likely as of now.

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🧠 What You Can Do

Already holding? Consider setting a stop-loss below 0.00730 to manage risk.

Looking to short? Entry on retest of neckline (~0.00739–0.00742) is possible, with targets at 0.00725 & 0.00710.

Want to go long? Wait until the price breaks above 0.00763 with volume.

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