technical analysis and trade signal for the $BANANA /USDT pair based on the current data:

Technical Analysis:

1. Current Price: $43.41 (+10.94% in the last 24 hours)

2. Support Zone: Around $38.69 (24h Low)

3. Resistance Zone: Around $45.56 (24h High)

4. Trend Analysis: The price has recently seen a solid upward move, suggesting a bullish momentum. The price is currently approaching the resistance at $45.56. If it breaks above, we could see further gains. However, if it faces rejection at this level, we may see a pullback towards support.

5. Moving Averages: Short-term moving averages (like the 15-minute or 1-hour) show upward momentum, supporting the bullish outlook for the moment.

Trade Signal:

Entry Point: Enter at $43.40 or lower, if a retracement occurs.

Target Levels:

Target 1: $45.00 (near resistance, short-term profit taking)

Target 2: $46.50 (breakout potential, medium-term)

Target 3: $48.00 (extended target for bullish continuation)

Stop Loss: Set a stop loss around $41.00 (just below the support level).

Trade Momentum:

The momentum is currently bullish as indicated by the +10.94% movement over the last 24 hours. The price is pushing toward resistance, and there is a possibility of a breakout.

If the price consolidates or retraces around the support zone near $40, this could be a strong buying opportunity for traders looking for a better entry point.

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