$BANANA /USDT BREAKDOWN CONTINUES – EYES ON $17.00 SUPPORT HOLD OR FURTHER DROP AHEAD
$BANANA /USDT is currently trading at $17.12, down -7.51% in the last 24 hours. The pair has been under consistent bearish pressure, slipping from the $19.00 high and now testing the critical support near $17.00.
The 15-minute chart reveals aggressive sell-offs with weak bounce attempts. If $17.00 fails to hold, the next downside level lies around $16.50, potentially triggering more liquidations.
📊 Key Technical Levels:
🔻 Support: $17.00 – $16.50
🔺 Resistance: $17.80 – $18.40
📉 Current Trend: Bearish with lower highs and lower lows
📈 Trade Setup (Bearish Bias):
Entry: On break below $17.00
🎯 TP1: $16.50
🎯 TP2: $16.00
🛑 SL: Above $17.80
🔍 Market Outlook:
BANANA is in a short-term downtrend with no confirmed reversal signs yet. The next few candles around the $17.00 level will be crucial — either a bounce to test $18.00 or a flush to lower demand zones.
📌 Risk Management:
Set clear stop-loss levels. Don’t average down in weakness. Risk only 1–2% per trade and follow proper entry confirmations.
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