Technical Analysis: $BANANA /USDT – Price Outlook

Current Price: $39.30

The market for BANANA has been volatile, with significant fluctuations in recent hours. Let's break down the key levels to watch and possible price targets in the short term.

🎯 Target 1: $38.62 (Support)

This level has been tested multiple times in the past 24 hours, and it continues to show resilience. If the price drops below $39.00, we might see a potential bounce at $38.62, a key support zone. Watch for a reversal here for potential upward movement.

🎯 Target 2: $40.00 (Resistance)

The $40.00 level is an important psychological barrier. If BANANA starts gaining momentum from the current levels, this could be the first resistance to break. A successful push past this mark could open the door for further upward movement.

🎯 Target 3: $43.80 (High Zone)

This is the 24-hour high and represents a strong resistance level. If the bullish trend continues, the price could test this high again, making $43.80 the key level for traders to monitor. A breakout above this could lead to a significant rally.

💡 Strategy:

Short-term traders: Watch for price action around $38.62 and $40.00.

Long-term traders: A breakout above $43.80 could signal a bullish trend continuation.

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