#BSCTradingTips
Banana / USDT – Ripe for a Pullback? 🍌🔥
Current Price: $20.00 (+8.58%)
BANANA had a wild pump to $21.28, but the rally is looking tired. Lower highs on the 30m chart signal that momentum is fading—this could be the perfect time to catch a pullback.
Market Structure:
🔹 24H High: $21.28
🔹 24H Low: $18.27
🔹 Bias: Short-term bearish with a possible mid-range breakdown.
Key Levels to Watch:
🔻 Resistance: $20.80 – $21.30
🔹 Support: $19.50 / $18.80
Short Trade Setup:
📌 Entry: $20.10 – $20.40
🎯 Targets:
✅ TP1: $19.50
✅ TP2: $18.80
⛔ Stop Loss: $21.40
Market Insight:
The price failed to reclaim $21.00 and is forming a classic distribution pattern. Sellers are stepping in at every lower high—watch for a strong volume spike to confirm the move.
💡 Pro Tip: Wait for a solid 30m candle close below $19.90 before committing fully—patience pays!
BANANA’s peel is getting slippery. Time to catch that short before it drops! 🍌📉