https://safu.im/eq6EksGk?utm_medium=app_share_link_whatsapp

#BinanceAlphaAlert 🚀 Technical Analysis for $BANANA

/USDT on Binance 📊

Current Price: $42.99 (+2.53%)
24h Range: $40.16 - $44.11
Volume: 103,639.55 BANANA / $4.35M USDT

Technical Overview:

The BANANA/USDT pair shows bullish momentum with the price holding above key moving averages:

MA(7): $43.13

MA(25): $42.41

MA(99): $41.71

This indicates a strong upward trend, with short-term momentum surpassing the longer-term averages.

🎯 Price Targets:

1️⃣ Target 1: $44.50

Based on the 24h high, breaking this resistance could confirm continued bullish momentum.

Traders may aim to take partial profits here.

2️⃣ Target 2: $47.00

A key psychological and technical level derived from Fibonacci retracements and recent price consolidation zones.

Breaking this target could lead to a significant surge in volume.

3️⃣ Target 3: $50.00

A round number acting as a psychological resistance and a major milestone for bullish traders.

Could trigger heavy buying pressure if achieved.

Support Levels:

$42.00 (MA-25) – Immediate support.

$40.00 (24h low) – Key area to watch if the trend reverses.

⚠️ Note: The market remains volatile. Always set stop-loss orders and manage your risk effectively. Trade responsibly!

📈 Follow Binance for more updates on BANANA/USDT.