🚨 $BANANAS31 : Weak Recovery - Short Setup at Resistance! ⚡️

Plan trade: Short 🔴

Entry Zone: $0.00322 - $0.00335

Take Profit:

🎯 TP1: $0.0031

🎯 TP2: $0.00305

🎯 TP3: $0.0029

Stop Loss: $0.00345

🔥 Technical Analysis:

On the H4 chart, $BANANAS31 is in a clear downtrend, trading below the EMA(25) and EMA(50). The current recovery to the $0.0033 zone is facing strong resistance, with selling pressure emerging. RSI remains below 50, indicating that bears are still in control. Weak buying volume is insufficient to break the bearish structure, signaling a likely reversal to retest previous lows.

⚠️ Stop Loss Rationale:

The $0.00345 level sits above the EMA resistance and the recent recovery peak. A breakout above this level would invalidate the short-term bearish trend.

BANANAS31USDT

Perp

0.003458

+3.40%