🔻 $BANANAS31 REJECTED AT SUPPLY – SHORT BIAS REMAINS INTACT 🚨
Entry: 0.00716-0.00718 ⚡
Target: 0.00710 / 0.00698 / 0.00691 🚀
Stop Loss: 0.00729 ⚠️
📉 Price printed a clean rejection from the 0.00729 resistance zone, where sell-side orders absorbed every recovery attempt over the past 12 hours. The reaction lacks momentum, indicating institutional distribution rather than organic buying. 📊 Volume on the 1H is declining on each bounce, confirming weakening demand.
💡 As long as 0.00716-0.00718 remains unturned as support, the path of least resistance is lower, with the first liquidity pocket sitting near 0.00698. A sweep below could accelerate toward 0.00691. 💬 Do you see a move to 0.00698, or will buyers defend this zone for a retest of resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BANANAS31 #ShortSetup #Resistance #Crypto #Bearish
🐻 🎯
Entry: 0.00716-0.00718 ⚡
Target: 0.00710 / 0.00698 / 0.00691 🚀
Stop Loss: 0.00729 ⚠️
📉 Price printed a clean rejection from the 0.00729 resistance zone, where sell-side orders absorbed every recovery attempt over the past 12 hours. The reaction lacks momentum, indicating institutional distribution rather than organic buying. 📊 Volume on the 1H is declining on each bounce, confirming weakening demand.
💡 As long as 0.00716-0.00718 remains unturned as support, the path of least resistance is lower, with the first liquidity pocket sitting near 0.00698. A sweep below could accelerate toward 0.00691. 💬 Do you see a move to 0.00698, or will buyers defend this zone for a retest of resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BANANAS31 #ShortSetup #Resistance #Crypto #Bearish
🐻 🎯