🌶️🌀$BANANA /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE DOMINATING🔇🍌🍍
The $BANANAS31 /USDT chart indicates a bearish trend continuation after failing to sustain recent highs. Price has formed lower highs and lower lows, with EMA lines sloping downward. MACD shows weakening bullish momentum, while volume distribution favors sellers, signaling further downside risk. Key support levels will be tested soon, and a break below could trigger accelerated selling.
Trade Setup:
Short Entry: Below $13.50
Targets (TP):$ 13.30 / $13.10
Stop Loss (SL): $13.70
Risk Management: Limit risk to 2% of trading capital per position. Avoid over-leveraging and monitor price action closely to adjust stop-loss levels if the market reverses.
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