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🚀 BANANA/USDT Trading Analysis: Key Levels and Entry Strategy🍌

📊 Technical Overview:

1. Support Level: BANANA has held strong support around $58 USD, indicating buyer interest at this level.
2. Resistance Level: The key resistance lies near $65 USD, where selling pressure may increase.

📈 Entry Strategy:
Long Position:
Entry Point: Consider entering long if BANANA breaks above $65 USD.
Stop Loss: Set a stop loss just below the breakout level (around $64 USD).
Target: Aim for the next resistance at $70 USD.

📉 Price Movement:
Current Price: $35.63 USDT
24h High: $37.60 USDT
24h Low: $34.63 USDT

🔍 Previous Performance:
1 day: -1.71%
1 week: -30.71%
1 month: +4.80%
6 months: +4.80%
1 year: +4.80%

Remember, trading involves risk. Always do your own research and consider risk management. Happy trading! 🌟💹

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📈 BANANA/USDT Trading Analysis

🔍Overview:
Current Price: $54.95 USDT
24h High: $63.50 USDT
24h Low: $46.65 USDT
Volume: 1.59M BANANA

🚀 Key Points:
1. Support Levels:
Local support at PWH $40.56.
BANANA held support at $58 twice.

2. Resistance Levels:
Next resistance to watch: $65.
Clear break above could signal bullish momentum.

3. Trendlines:
Broke out of short-term downtrend.
Potential for continued upward movement.

📊 Entry Strategy:
Consider entering:
Above $58 (previous support).
Breakout above $65 (resistance).

:Remember, crypto markets are volatile. Always exercise caution and stay informed! 🌟

Feel free to ask if you need more insights! 😊.#Banance #BananaCoin #BlackRockETHOptions #Write2Earn! #MtGoxJulyRepayments

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