🚀 $BANANA Rebound or More Downside?
🔹 Bullish Setup:
📈 Entry: $22.10 - $22.30 (Buy on dips)
🎯 TP1: $22.80
🎯 TP2: $23.30
🛑 SL: $21.95
✅ Confirmation: Holding above $22.10 with rising volume
🔻 Bearish Setup:
📉 Entry: $22.30 - $22.50 (Short if rejection confirmed)
🎯 TP1: $22.00
🎯 TP2: $21.60
🛑 SL: $22.70
✅ Confirmation: Rejection at $22.50 with declining momentum
📌 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.
📊 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.
📢 Your Turn!
Will $BANANA bounce back or dip further? Share your thoughts below! 🚀📉🔄
DYOR 📌