$BANANA /USDT Signal Update
Bullish momentum 🔥🔥🔥🔥🔥🔥
BANANA/USDT is trading at $65.42, up +8.56% in the last 24 hours. The price recently hit a high of $66.24 but is now slightly retracing, indicating potential profit-taking by traders.
Key Levels:
Support: $64.46 (near-term support) and $60.62 (stronger support from the previous low).
Resistance: $66.24 (recent peak) and $68.70 (24-hour high).
Trading Setup:
Long: Buy near $64.46, targeting $66.24 and $68.70. Stop-loss below $64.00.
Short: Consider shorting near $66.24 if the price fails to break higher, targeting $64.46. Stop-loss above $66.50.
Momentum: The bullish trend is strong, but the AVL at $65.47 indicates the price is testing a critical zone. Monitor for breakout or further retracement.
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