$BANANAS31 They say the trend is your friend until the bend at the end. After that vertical pump to $0.0148, BANANAS31 just gave us a masterclass in gravity. I’m diving into the 15m charts to see if this is a dip to buy or a falling knife to avoid."
The Technical Breakdown:
Support Test: We just tagged a local bottom at $0.013570. This is the line in the sand. A 15m candle close below this level likely opens the door to the $0.0132 liquidity zone.
Momentum Shift: The MACD on the 1h was bleeding, but on the 15m, we are seeing the histogram bars shorten. I’m watching for a bullish crossover and the Parabolic SAR to flip below the price candles as a signal for a scalp long.
The Pivot: To turn the narrative around, we need to reclaim the $0.0139 - $0.0140 resistance zone. Until then, the bears are still driving the bus.
The Takeaway:
"Patience over FOMO. I’m looking for a confirmed 15m trend reversal before stepping back in. Risk management isn't just a suggestion; it's the only way to stay in the game.
