$BANANA

/USDT Technical Analysis & Trade Strategy for PullBack ๐Ÿ“ˆ ๐Ÿ“Š

Current Price: $47.01

24h High: $50.00 | 24h Low: $46.38

Trade Scenarios & Targets

1. Bullish Breakout (Price above $47.50)

Target ๐ŸŽฏ 1: $48.50 (First resistance)

Target ๐ŸŽฏ 2: $49.50 (Next resistance)

Target ๐ŸŽฏ 3: $50.00 (24h High)

Stop Loss: Below $46.00 (Recent low)

Momentum: Look for RSI above 55 and volume increase on breakout.

2. Bearish Breakdown (Price below $46.38)

Target ๐ŸŽฏ 1: $46.00 (Support zone)

Target ๐ŸŽฏ 2: $45.00 (Next support)

Target ๐ŸŽฏ 3: $44.00 (Deeper downside)

Stop Loss: Above $47.50 (Resistance)

Momentum: Watch for RSI below 40 and rising sell volume.

3. Range-Bound Play (Consolidation between $46.38โ€“$50.00)

Target ๐ŸŽฏ 1: $47.50 (Resistance within range)

Target ๐ŸŽฏ 2: $48.50 (Mid-range resistance)

Target ๐ŸŽฏ 3: $46.50 (Support within range)

Stop Loss: Below $46.00

Momentum: Buy near support, sell near resistance. Keep it tight in range.

Trade Tips:

Volume: Confirm breakouts or breakdowns with increased volume.

Risk Management: Use stop-loss orders to secure profits and minimize risks.

Timeframe: Focus on 15m for quick trades, 4h for trend-following setups.

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