OMG GUYS in $BANANAS31 Momentum Tiring… Risk of Correction Building… same it will crash like $SAGA ….
Short
Entry: 0.00985 …! 0.01010
Stop-loss: 0.01075
Target1: 0.00950
Target2: 0.00920
Target3: 0.00893
While BANANAS31 has provided an explosive run, there appear to be early signs of exhaustion towards the psychological resistance level of 0.0100. The candles have already begun printing with lower strength following the rapid uptrend, while the sellers are preparing their defense towards the supply level ranging between 0.0101 and 0.0105. A failure to regain this region may result in a correction towards the next liquidity level.
This trade setup will stay in effect if price continues to remain below 0.01075. A rejection from this resistance zone along with weakening momentum may increase the likelihood of a correction towards the lower targets.