🔻 $BANANAS31 /USDT – SHORT SETUP (Rejection & Lower High Forming)

Commentary:

BANANAS31 is showing signs of fading momentum after a sharp rally. Price was rejected near $0.007738 and attempted a weak bounce that failed to reclaim previous highs. The RSI(6) has dropped from 67+, and volume is starting to decline after a peak — typical signs of local exhaustion.

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🔴 Short Plan (Scalp or Quick Pullback Trade)

Resistance Zone: $0.00773 – $0.00775 (recent high)

Entry: $0.00748 – $0.00752 (after# confirmation of rejection candle)

Stop Loss: $0.00780 (above high wick)

🎯 Target Levels:

TP1: $0.00723 (MA(7) zone)

TP2: $0.00695 (support base)

TP3: $0.00665 (MA(25) zone)

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📌 RSI(6): 64.77 – falling from overbought

📌 Volume: Red candle with high volume = possible sell pressure

📌 Structure: Lower high being formed

📌 Bias: Short-term downside likely after parabolic move

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#BananasToken #ScalpTrade #CryptoShort

$BANANAS31

BANANAS31USDT

Perp

0.012716

+10.00%