#banana

banana price prediction

$BANANA/USDT Technical Analysis:

Current Price and Trend

Current Price: $43.6 (-1.69%)

RSI: 49, indicating a neutral trend

Key Levels

*Support*

1. $40.50: Immediate support

2. $38.00: Stronger support zone

*Resistance*

1. $43.40: 24-hour high, key level for bullish breakout

2. $45.00: Psychological resistance zone

Trading Setup

*For Bulls*

1. Entry: Around $40.50 on pullbacks

2. Stop-loss: $39.50

3. Targets: $43.40 and $45.00

*For Bears*

1. Entry: Below $40.50

2. Target: $38.00

3. Stop-loss: $41.00

Market Insights

$BANANA is consolidating with decreasing momentum. A breakout above $43.40 could trigger bullish sentiment, while failure to hold $40.50 may lead to further declines.