๐ด๐$BANANAS31
BEARISH SETUP: DOWNSIDE PRESSURE BUILDING
$BANANAS31 is showing bearish signals after failing to sustain above the 0.003800โ0.004000 resistance zone. Price action on the 1H and 4H charts indicates lower highs forming, suggesting potential continuation of the downtrend. A break below the immediate support at 0.003584 could trigger accelerated selling toward key support levels. Momentum indicators confirm weakening buying pressure.
Entry: Short below 0.003584
Targets (TP):
TP1: 0.003500
TP2: 0.003450
TP3: 0.003400
Stop Loss (SL): 0.003800
Key Levels:
Resistance: 0.003800 / 0.004000
Support: 0.003584 / 0.003500 / 0.003450
Pro Tip: Consider partial exits at TP1 to secure profits while letting the remainder ride toward deeper support.
Risk Management: Risk 1โ2% of trading capital per trade; tighten SL if volatility rises.