Technical Analysis: $BANANA
/USDT on Binance
Current Price: $54.24
24h High: $54.24 (+1.18%)
24h Low: $52.15
24h Volume (BANANA): 101,402.12
Support Level (SAR): $51.59
As we analyze the BANANA/USDT trading pair, here are three key price targets to watch:
đŻ Target 1: Support Level at $51.59
Overview: This is a critical support level indicated by the SAR. If the price retraces to this level, it could present a buying opportunity for traders looking to enter the market.
đŻ Target 2: Resistance Level at $54.24
Overview: Currently the 24h high, this level acts as a strong resistance. If the price breaks above this point, we could see further upward momentum. Traders should watch for confirmation of this breakout before making moves.
đŻ Target 3: Potential Upside Target at $56.00
Overview: If the bullish momentum continues and the price breaks through the resistance at $54.24, the next significant target is around $56.00. This level may attract more buying interest and could lead to a rally.
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