$BANANA
/USDT Technical Analysis & Trade Signal:💯🔥
Current Price: $43.99
24h High: $44.05
24h Low: $38.50
Trend: Bullish (upward momentum)
Key Indicators:
The price is showing a 14.05% increase in the last 24 hours.
Strong support is observed around the $38.50 level.
Resistance around $44.05, with the price trying to break through it.
Trade Signal:
Buy Signal: If price holds above $43.00 with strong momentum and volume.
Stop-Loss: Set just below $42.00 to manage risk.
Target Levels:
1. Target 1: $44.30 – Potential resistance level to consider for partial profit-taking.
2. Target 2: $45.50 – The next key resistance zone based on current trend.
3. Target 3: $47.00 – A stretch target for aggressive traders expecting the trend to continue.
Momentum:
The momentum is bullish, confirmed by a 14% increase, suggesting further upside potential.
Watch for possible pullbacks near $44.05–44.30 (resistance zone).
Summary: Consider entering a long position around $43.00–$43.50 with targets set at $44.30, $45.50, and $47.00. Always keep an eye on volume and momentum for confirmation before taking action.
