$BANANAS31 is trading around 0.003449 after a sharp spike and a brutal rejection near the 0.0041–0.0042 zone. Since that top, structure has flipped bearish with clear lower highs and lower lows. This looks like distribution after the pump and momentum is pointing down on the 15m chart.

Sell zone is clearly defined at 0.00360 to 0.00375 where prior consolidation turned into supply. Any pullback into this area is a short opportunity as long as price stays capped below resistance.

Downside targets are stacked

First target 0.00330

Second target 0.00315

Final target 0.00300 where liquidity sits

Stop loss is placed above 0.00385 which invalidates the bearish structure.

As long as price stays below 0.00380 to 0.00385 the bias remains bearish and shorts are favored. Only a strong reclaim above this level with volume flips the script toward 0.00405 and 0.00430.

Momentum is heavy risk is clear and patience is key. Trade the pullback not the emotion ⚡

#CPIWatch #BinanceBlockchainWeek

BANANAS31

0.00333

-0.92%