$BANANA – BEARS PRESSURING AFTER FAILED BREAKOUT!
$BANANA /USDT spiked to a 24h high of $27.50 but quickly reversed, forming a sharp rejection candle and slipping back below $26.70. The failure to sustain above the breakout level signals weakening bullish momentum, with sellers stepping in aggressively. If price breaks below $26.29 support, further downside toward $25.90 is likely.
Short Entry: $26.55 – $26.65
Targets: $26.29 / $25.90
Stop Loss: $26.95
Bearish sentiment strengthens if the support zone fails, with sellers aiming for deeper retracement levels.