$BANANA /USDT – Precise Shorting Opportunity! 💯🔥
Entry Zone: $42.00 - $42.50
Target 1 (TP1): $40.00
Target 2 (TP2): $38.00
Stop Loss (SL): $43.50
📉 Market Analysis:
The recent rejection from $47.50 and the bearish break below $42.00 highlight increased selling pressure.
A descending trendline on the 4H chart confirms the continuation of the downtrend.
💡 Strategy:
1. Entry: Initiate short positions within the $42.00 - $42.50 range.
2. Targets: Aim for $40.00 as the first support level, and $38.00 as the secondary target.
3. Stop Loss: Place SL at $43.50 to manage risk and protect your capital.
Stay disciplined and adjust your position size to fit your risk tolerance. This setup aligns with the bearish momentum—capitalize on the opportunity!
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