$BANANA /USDT Breaking Down, Reversal Speeding Up? šš»
$BANANA has slipped out of its ascending channel after peaking at $18.31, with sellers stepping in heavily near the $17.00 mark. Bearish momentum is building, supported by increasing sell volume, suggesting further downside is on deck.
š Short Trade Setup:
Entry Zone: $16.96 ā $17.05
Stop Loss: $17.40
šÆ Profit Targets:
⢠TP1: $16.40
⢠TP2: $15.75
⢠TP3: $14.90
ā” Quick Tip:
Watch for hourly candle closes under $17 to confirm continuation. Price failing to reclaim support points to a slide toward deeper Fibonacci retracements manage your stops with discipline.