š $BANANA Rebound or More Downside?
š¹ Bullish Setup:
š Entry: $22.10 - $22.30 (Buy on dips)
šÆ TP1: $22.80
šÆ TP2: $23.30
š SL: $21.95
ā Confirmation: Holding above $22.10 with rising volume
š» Bearish Setup:
š Entry: $22.30 - $22.50 (Short if rejection confirmed)
šÆ TP1: $22.00
šÆ TP2: $21.60
š SL: $22.70
ā Confirmation: Rejection at $22.50 with declining momentum
š Key Insights:
$BANANA is down -5.37%, testing the $22.10 support.
RSI at 51.77, indicating a neutral stance with slight bearish pressure.
MACD is flat, showing a lack of strong momentum in either direction.
š Trading Plan:
Watch for volume spikes near $22.10 for potential reversal.
Adjust SL based on price action to avoid premature exits.
If buying, take partial profits at TP1 and move SL to breakeven.
š¢ Your Turn!
Will $BANANA bounce back or dip further? Share your thoughts below! ššš
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