🚨 $BANANA
/USDT Technical Analysis 🚨
Current Price: $65.87 (+11.80%)
BANANA has shown significant bullish momentum, pushing past key resistance levels. Let's dive into the technicals and set some strategic targets for traders:
Key Levels to Watch:
🔹 Support: $58.00
🔹 Resistance: $65.95
🎯 Target 1: $68.50
This level aligns with the immediate resistance from previous highs. A breakout here could confirm strong bullish continuation.
🎯 Target 2: $72.00
If the momentum sustains, the next target lies near $72, a psychological level where traders might take partial profits.
🎯 Target 3: $80.00
This is the major resistance zone, indicating the top of the current bullish wave. Breaking above $80 could signal a long-term trend reversal.
Indicators:
📊 RSI: Currently overbought, but still showing room for more upside.
📈 Volume: Increasing volume supports the bullish breakout.
Trade Setup:
A strong support around $58 makes this pair ideal for buying on dips. Keep an eye on market sentiment and volume to confirm price action.
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