$BANANA /USDT: Precise Short Trade Opportunity 🔥💯

Market Overview:

BANANA/USDT is trading at $41.25, down 6.61% in the last 24 hours. The price broke down from its intraday high of $47.47, showing significant bearish momentum.

Trade Setup:

• Entry: Enter a short position between $41.25 - $42.00.

• Stop Loss (SL): Set at $43.50 to manage risk effectively.

• Target 1 (TP1): $40.00 – Lock in partial profits.

• Target 2 (TP2): $38.00 – For extended downside.

Analysis:

A clear downtrend, as shown on the 1-hour chart, suggests momentum towards lower lows. Recent pullbacks present an opportunity to short at resistance. Monitor volume and RSI for additional confirmation.

Risk-Reward Ratio:

Maintain a disciplined risk-reward strategy of 1:2 or better for this trade. Stay alert for price volatility and market conditions.

Stay strategic and trade responsibly!

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