BANANAS31/USDT Perp 0–60min Futures Scalp Plan
$BILL $BANANAS31 $B
Nice 19% rally from the 0.0118 low to a peak near 0.0149, now pulling back to 0.01435. RSI is cooling from overbought—61 on the 80-period, 73 on the 20—so the first heat is off but it's still elevated. Structure shows higher lows at 0.0122 and 0.0129, with resistance up at 0.0146–0.0149. This looks like a pause before the next move, not a reversal yet.
A break above 0.0146 on a 5m close with a retest holding 0.0145 gives a long toward 0.0149 and 0.0152, stop below 0.0143. A rejection fade at 0.0146–0.0148 with a wick and drop under 0.0144 targets 0.0136 and 0.0129, invalidated by a close above 0.0150.
Low cap coin, so expect whipsaws—keep leverage under 10x and size small. Liquidity can vanish fast here.
What level is the line in the sand? For me, 0.0129—lose that and the uptrend stalls hard.
#futures #trading #scalping
$BILL $BANANAS31 $B
Nice 19% rally from the 0.0118 low to a peak near 0.0149, now pulling back to 0.01435. RSI is cooling from overbought—61 on the 80-period, 73 on the 20—so the first heat is off but it's still elevated. Structure shows higher lows at 0.0122 and 0.0129, with resistance up at 0.0146–0.0149. This looks like a pause before the next move, not a reversal yet.
A break above 0.0146 on a 5m close with a retest holding 0.0145 gives a long toward 0.0149 and 0.0152, stop below 0.0143. A rejection fade at 0.0146–0.0148 with a wick and drop under 0.0144 targets 0.0136 and 0.0129, invalidated by a close above 0.0150.
Low cap coin, so expect whipsaws—keep leverage under 10x and size small. Liquidity can vanish fast here.
What level is the line in the sand? For me, 0.0129—lose that and the uptrend stalls hard.
#futures #trading #scalping