$BANANAS31 Pumping🚀
As per the chart, BANANAS31 is pumping with solid upside momentum on the one-hour timeframe. The price is showing a slight retracement after testing the local high, so it would be safe to look for long entries in the deep zone with proper risk management.
Trading setup : Entry: 0.008900 - 0.009400
TP1 : 0.010500
TP2 : 0.011200
Stop Loss : 0.008200
Reason for Trade:
* The price is pumping by completing a reversal cup and handle or rounding bottom pattern on the one-hour chart structure.
* Massive buying volume spike is being observed in the last few candles.
* The price is maintaining strong bullish momentum to breakout its local resistance zone.
* Buyers are dominating the market by grabbing liquidity from sellers in the shorter timeframes.
The market is volatile, so you have to manage your own risk.