$BANANA Reversal or More Downside?

BANANA is currently trading at $17.78, attempting to stabilize after a steep drop. If buyers step in, a recovery toward key resistance levels could follow, but failing to hold support may lead to further declines.

Key Levels to Watch:

Resistance: $18.50 – A breakout above this level could push toward:

• TP1: $19.00

• TP2: $19.50

Support: $17.60 – A breakdown below this level may trigger a move toward:

• TP1: $17.00

• TP2: $16.50

Trade Setup:

• Long Entry: Above $18.50 if bullish momentum increases.

• Short Entry: Below $17.60 if selling pressure continues.

• Stop-Loss: Adjust based on market reaction and volatility.

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