$BANANA – Setup
Current Price: $17.87
— Context: Price has swept Equal Highs (EQH) and driven straight into a fresh 4H supply block $17.80 – $18.30, an area that capped every rally since mid‑June. Consecutive upper wicks and waning momentum confirm sell‑side pressure.
— Entry Zone (Short): $17.80 – $18.10
— Stop Loss: $18.45 (above supply / liquidity void)
— Targets:
• TP1 $16.20 (previous intraday pivot, 1:2 RR)
• TP2 $14.80 (4H demand cluster, 1:4 RR)
Execution bias remains firmly bearish while candles close below $18.30; a clean reclaim of that level invalidates the setup. Manage size, respect the stop, and let the range do the work.