🍌🚨$BANANAS31
BEARISH SETUP: DOWNSIDE PRESSURE LIKELY
$BANANAS31 is showing early signs of bearish reversal after failing to sustain above the 0.003700 resistance zone. Short-term charts display lower highs forming, indicating weakening bullish momentum. A confirmed break below 0.003607 could lead to further downside toward key support levels.
Entry: Consider entering a short position on a breakdown below 0.003607 for higher probability trade.
Targets:
TP1: 0.003500 — immediate support
TP2: 0.003400 — mid-term support
TP3: 0.003300 — strong historical support
Stop Loss: 0.003774 — above recent high to avoid false breakout
Key Levels:
Resistance: 0.003607, 0.003700, 0.003774
Support: 0.003500, 0.003400, 0.003300
Pivot Zone: 0.003607
Risk Management: Risk 1–2% of trading capital per trade and adjust position size according to stop loss distance.