$BANANA /USDT Short trade signal š¦ š
BEARISH SETUP: WEAK MOMENTUM SIGNALS FURTHER DOWNSIDE! šØš
Market Analysis:
$BANANA is currently trading at $15.23, down -19.42%, showing clear signs of bearish momentum after a sharp rejection from the key resistance at $19.80 (24H high). Immediate support lies at $14.92 (24H low), and a breakdown below this level could lead to further downside toward lower demand zones. The price structure is forming lower highs and lower lows, reinforcing the bearish trend.
Trade Setup:
š Short Entry: $15.20 ā $15.30
šÆ Target 1 (TP1): $15.00
šÆ Target 2 (TP2): $14.80
ā Stop Loss (SL): $15.50
Market Outlook:
If $BANANA breaks below $14.92 with increased volume, expect more selling pressure toward $14.50. However, a bounce from support could spark a short-term relief rally toward $15.50.
ā ļø Risk Management:
Stick to a 1:2 risk/reward ratio. Avoid oversized positions and adjust stop-loss to protect capital.
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