$BANANA
/USDT Technical Analysis & Trade Signal:
Current Price: $40.30
24h High: $40.72
24h Low: $38.02
24h Change: +1.79%
Momentum: Neutral-to-Bullish (1.79% increase in the last 24 hours)
Support & Resistance Levels:
1. Resistance Levels:
$40.72 (previous 24-hour high)
$41.50 (next resistance zone)
2. Support Levels:
$38.50 (previous 24-hour low)
$38.02 (strong support near the daily low)
Trade Signal:
Buy Signal: Triggered above $40.72 with a confirmation breakout above the recent resistance level.
Sell Signal: If the price drops below $38.50 or sustains below $38.02.
Target Levels:
1. Target 1: $41.00 - First major resistance near psychological resistance levels.
2. Target 2: $42.50 - Secondary target based on bullish momentum.
3. Target 3: $45.00 - Aggressive bullish target if market momentum continues.
Momentum Analysis:
The price is showing a moderate uptrend (+1.79%) with stable buying pressure in the last 24 hours.
RSI (Relative Strength Index) near neutral (45–60 range), indicating that the market is neither overbought nor oversold.
MACD showing slight bullish crossover in the short-term. Maintain long positions if prices sustain above $40.72.
Conclusion:
Buy Above: $40.72 with a stop loss just below $38.50.
Hold & Target Levels: Aim for $41, $42.50, and $45 if the bullish trend continues.
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