$BANANAS31 is holding above local support after a sharp intraday expansion, with price compressing near the lower edge of the recent range instead of fully breaking down. 4h Long Momentum still favors continuation as long as buyers defend the 0.0115 region and reclaim short-term resistance.
Trading Plan LONG: $BANANAS31
Entry: 0.01155 – 0.01175
Stop-Loss: 0.01095
Targets:
TP1: 0.01230
TP2: 0.01275
TP3: 0.01340
The current structure remains moderately bullish despite the recent pullback from highs near 0.0127. Price is consolidating rather than collapsing, which usually signals absorption instead of panic selling. Volume remains elevated relative to the range, suggesting active participation and continued speculative interest. Buyers still control the higher-low structure on lower timeframes, and a reclaim above 0.0120 could trigger another momentum expansion toward liquidity resting above recent highs. Probability currently favors continuation as long as support holds and volatility stays constructive.
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