Token Name: $BANANAS31 /USDT – Big Crash Ahead?
Current price is trading around 0.004303 USDT, showing a -1.87% change in the last 24 hours. After a failed recovery attempt from the 0.004240 low, price remains stuck below short-term resistance and continues printing weak structure.
On the 1H structure (intraday view from the 15m chart), we can see a series of lower highs forming after the breakdown from the 0.00440 region. The bounce attempts are shallow, and bearish candles continue to appear near resistance zones, suggesting sellers are still in control.
The key support to watch is 0.004240. A confirmed breakdown below this level with increased volume could trigger another wave of downside expansion.
Trade Setup (Short Bias)
• Entry Zone: 0.004300 – 0.004340
• Target 1: 0.004240
• Target 2: 0.004180
• Target 3: 0.004100
• Stop Loss: 0.004420
If the breakdown level is taken with strong volume confirmation, price can accelerate into lower liquidity zones. However, reclaiming 0.004400 would weaken the bearish setup and shift momentum back toward consolidation or recovery.
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