$BANANAS31 experienced a strong impulsive move, sweeping liquidity near 0.00416 before entering a corrective pullback. During the retrace, buyers successfully defended the mid-range, signaling sustained demand.

Trade Setup

Entry Zone:

0.00362 – 0.00375

Targets:

TP1: 0.00405

TP2: 0.00438

TP3: 0.00485

Stop Loss:

Below 0.00342

Setup Rationale

This structure reflects a classic impulse-and-retracement pattern. Liquidity above the recent high remains unclaimed, and as long as price holds above the higher low, the probability of continuation to the upside remains high.

Let’s execute the trade on $BANANAS31