$BANANAS31 bounced, but the recovery already looks fragile.
Price managed to lift off the lows, yet the move hasn’t built any real momentum. Each push higher starts fading quickly, which usually tells you the bounce is running into sellers rather than attracting new buyers.
Trading Plan — Short $BANANAS31
Entry: 0.0072 – 0.0079 (DCA)
SL: 0.0088
TP1: 0.00640
TP2: 0.00570
TP3: 0.00420
The rally so far feels more like a brief relief move than a change in direction. Instead of expanding higher, the market keeps hesitating as it approaches resistance.
That kind of reaction often means supply is still sitting above the range.
If the bounce continues to lose strength, sellers usually step back in and the market rotates lower again, especially with liquidity sitting underneath the recent lows.
Trade $BANANAS31 here 👇
