Technical Analysis: $BANANA $BANANA $BANANA

/USDTAs BANANA continues to show strong momentum, let’s dive into the technical analysis to identify potential price targets.Current Price: $44.6524h Change: +5.26%Key Support and Resistance Levels:1. Target 1: $45.42This level is crucial as it marks the recent 24-hour high. A breakout above this resistance could signal further bullish momentum, leading to potential upward movement.2. Target 2: $45.73Just above Target 1, this level represents a significant resistance area. If the price consolidates and then pushes past this point, it could attract more buyers and accelerate the upward trend.3. Target 3: $47.00This psychological level is an important milestone to watch. Achieving this target may indicate sustained bullish sentiment and could be a key area for traders to take profits.Market Indicators:Moving Averages:MA(5): 36.68MA(7): 43.16MA(25): 42.41The moving averages indicate a bullish crossover, further supporting the upward price action. Watch for increased trading volume as we approach these targets for confirmation of potential breakouts.Stay tuned for further updates and happy trading! b#BinanceLaunchpoolHMSTR #EIGENonBinance #BTCPredictedNewATH #BTCReboundsAfterFOMC #CATIonBinance