🍌 $BANANA /USDT – Sharp Pullback in DeFi Jungle! Breakdown or Bouncing Branch?
$BANANA is down -8.88%, now trading at $17.14, after rejecting from the $19.00 high. It’s currently below all major MAs (MA7: $17.25, MA25 & MA99: $18.15), reflecting short-term bearish sentiment. However, the $17.00–$16.90 zone is acting as a crucial support level — a potential base for recovery.
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📊 Short-Term Trading Plan (Scalp):
🔹 Entry: $17.00–$17.20
🔹 Stop-Loss: $16.60
🔹 Take-Profit Targets:
• TP1: $17.80
• TP2: $18.40
• TP3: $19.00
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📈 Long-Term Swing Plan (3–6 Days):
🔹 Entry Zone: $16.90–$17.20
🔹 Stop-Loss: $16.30
🔹 Take-Profit Targets:
• TP1: $18.50
• TP2: $19.50
• TP3: $20.20
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📌 Keep an eye on $17.25 (MA7) — reclaiming it could confirm short-term bullish reversal.
📈 DeFi coins like $BANANA often snap back hard after steep dips — stay patient, set alerts, and manage your risk smartly.