$BANANA 💯💫🔥🔥🔥

/USDT Technical Analysis Update

Current Price: $61.00 (-7.10%)

24h High/Low: $67.53 / $60.55

Trading Volume: 171,456.97 BANANA ($10.97M in USDT)

Key Levels to Watch:

Resistance: $72.00 – A strong zone where sellers may step in.

Support: $60.55 – Holding this level is critical for avoiding further downside.

Trend Overview:

On the 4-hour chart, BANANA/USDT is in a short-term bearish phase, trading below its 50-EMA. Momentum indicators like RSI are nearing oversold levels, suggesting a potential reversal or consolidation around the support zone.

Potential Scenarios:

1. Bullish Breakout: A push above $64.00 could signal a recovery towards $68.00 and $72.00.

2. Bearish Continuation: Failure to hold $60.55 might lead to further downside, targeting $58.00.

Market Sentiment:

The recent drop in price aligns with lower volume, hinting at reduced market activity. Keep an eye on the DeFi ecosystem, as market news can impact sentiment quickly.

📊 Stay updated for live price action and trade responsibly!

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