$BANANA - Price analysis request:
The price found support on the 43.50$ (0.702 fib level).
The main trend is bearish on the daily๐
The H1 price is also bearish at the moment๐
Big resistances to be break: 47.05$ - 48.50$ ๐จ
According to my H4 view, I think that another dump could happenโ ๏ธ
Support to watch on: ๐ฏ
43.50$ - 42.00$ and (41.30 - 40.50$)
As long as the price is moving into the downtrend channel, I recommend you to avoid long positions
Possible setup in my chart.โ ๏ธ
