The BANANA/USDT symmetrical triangle breakout is confirmed on the 1-day timeframe, indicating strong upward potential. This bullish pattern completion suggests a 70%+ profit opportunity, with potential targets at $47.00, $60.35, and $77.00.
Currently, the price of BANANA/USDT is around $41.26 USDT, with a 3.20% increase Âč. The 24-hour volume is 20.312 million, with a 43.43% increase Âč.
Technical Analysis:
- Relative Strength Index (14): Neutral ÂČ
- Stochastic %K (14, 3, 3): Neutral ÂČ
- Moving Averages: Neutral ÂČ
Trader Sentiment:
Some traders believe BANANA/USDT will continue its upward trend, potentially reaching $53 to $65 Âł. Others suggest waiting for a clear break of the next resistance at $65 before entering [3).
Important Levels:
- Support: $40.56 Âł
- Resistance: $65 Âł
- Highest price ever: $78.68 USDT on Jul 20, 2024 Âł
- Lowest price ever: $29.00 USDT on Aug 5, 2024 Âł
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