/USDT Technical Analysis
đ BANANA/USDT is showing strong momentum with a +10.19% surge, currently priced at $47.03. The DeFi sector is buzzing with this one, and the trend looks promising! đ
Here are three key targets đŻ to watch closely:
đŻ Target 1: $47.75 â This is the first resistance level, just above the current price. A breakout here could indicate further upward movement, attracting more bullish interest.
đŻ Target 2: $50.00 â The psychological level of $50 is within reach. If BANANA/USDT continues its climb, breaking this mark could spark a rally fueled by strong trading volume and momentum.
đŻ Target 3: $52.50 â A higher resistance zone, signaling a potential peak for this upward trend. This could be an ideal profit-taking level for short-term traders.
đĄ Moving Averages:
MA (7): 44.00
MA (25): 42.59
MA (99): 39.76
đ Keep an eye on the market and set your stop losses as the market can shift quickly. With BANANA/USDT's trading volume of 16.25M USDT, volatility might be on the horizon.