$BANANA
Dear Binancians
BANANAUSDT is showing signs of exhaustion after rejecting the upper resistance region and breaking back below a key short-term support level. The shift in momentum, combined with increasing sell-side pressure, suggests the pair may extend downward to retest deeper liquidity zones. The chart structure currently favors sellers as lower highs begin to form.
TECHNICAL OUTLOOK
Price slipped back into a descending micro-channel, indicating weakening bullish momentum. The inability to reclaim the breakdown level signals a potential continuation toward lower support. As long as price remains below this rejection zone, downside pressure is expected to persist.
SHORT ENTRY SETUP
• Entry: Below the breakdown confirmation level
• TP1: First support area
• TP2: Mid-range downside target
• TP3: Major demand zone / lower liquidity sweep
• SL: Above the nearest swing high to avoid squeeze traps
RISK MANAGEMENT
Keep position size moderate, always place a stop loss, and avoid averaging into losing trades.
#TechnicalAnalysis #BANANAUSDT #PerpFutures #CryptoCharts #PriceAction