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MissBlockChain_01
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Bullish$BANANAS31 has faced strong resistance near 0.00587 and is showing early signs of a pullback after a rapid upward move. Despite a +7.9% daily gain, price structure is weakening with rejection wicks at the top and reduced buying momentum. Sellers are beginning to take control as the market struggles to stay above the 0.00575 zone.
Trade Setup:
Entry Zone: 0.00574 – 0.00580
Target 1: 0.00555
Target 2: 0.00545
Target 3: 0.00539
Stop Loss: 0.00587
Short-term correction is likely as profit-taking kicks in after a steep rise. If the price breaks below 0.00555, it could accelerate toward 0.0054. Bears maintain the upper hand while resistance holds firm around 0.0058.
Trade Setup:
Entry Zone: 0.00574 – 0.00580
Target 1: 0.00555
Target 2: 0.00545
Target 3: 0.00539
Stop Loss: 0.00587
Short-term correction is likely as profit-taking kicks in after a steep rise. If the price breaks below 0.00555, it could accelerate toward 0.0054. Bears maintain the upper hand while resistance holds firm around 0.0058.
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