Short Trade Opportunity Spotted: $BANANA /USDT

🔍 Market Insight

The BANANA/USDT pair is showing signs of bearish momentum after failing to sustain its upward movement. Currently priced at $22.49, it has dropped -11.25%, with a 24H low of $22.21 and a 24H high of $25.38.

📉 Technical Indicators Suggest Further Downside

• Parabolic SAR is above the price action, signaling a downtrend continuation.

• Stochastic RSI is at 77.36, suggesting overbought conditions, which could lead to a correction.

• Volume decline indicates weakening buying pressure.

🔻 Short Trade Setup

📌 Entry: Around $22.50

📌 Stop-loss: Above $22.86 (recent high)

📌 Target 1: $22.21 (previous low)

📌 Target 2: $21.80 for extended profit

⚠️ Risk Management: Always use a stop-loss and manage position size according to your risk tolerance. Market conditions can change rapidly.

📊 Trade or Fade? Share your thoughts in the comments!

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