/$U SDT is currently trading around $0.009761 after experiencing a strong correction from the local high near $0.010621. The recent selloff pushed price into a key support zone around $0.009612, where buyers quickly stepped in and defended the level. The latest candles on the 15-minute chart show stabilization and early signs of accumulation, suggesting that bearish momentum is slowing down.
Market participants should watch for a recovery above the immediate resistance area near $0.009900 and $0.010000. A successful breakout could trigger fresh buying pressure and open the path toward higher targets. Volume remains healthy, which increases the possibility of a short-term rebound if support continues to hold.
Trade Idea
Entry Point: $0.009730 – $0.009800
Target 1: $0.010000
Target 2: $0.010180
Target 3: $0.010350
Stop Loss: $0.009550
Risk Management
Keep position size controlled and avoid overleveraging. The support at $0.009612 is critical. If price breaks and closes below this zone, the bullish setup becomes invalid and downside risk increases.
Trading Outlook
The current structure suggests BANANAS31 may be forming a base after the recent decline. As long as price remains above the $0.009600 support region, bulls have an opportunity to regain control and push toward the $0.010000+ resistance area. A breakout above resistance could attract momentum traders and fuel a stronger upward move.
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