$BANANA
/USDT: DeFi Token in Minor Correction 🚀
Current Overview
Current Price: $53.00 (-1.69%)
24h High: $54.08
24h Low: $48.17
24h Volume: 209,800.77 BANANA (~$10.78M USDT)
BANANA is experiencing a minor correction of -1.69% in the last 24 hours, but it remains a strong DeFi token with active trading volume and support in the DeFi community.
📈 Technical Insights
Support: $48.17 (recent low)
Resistance: $54.08 (24h high)
Volume: 209,800.77 BANANA traded, indicating a solid market presence.
Depth: Slightly bearish, with 2.74% drop recently.
🎯 Trade Setup
Entry Point: $50.00 - $51.50 (on pullback or consolidation).
Stop-Loss: $48.00 (below key support).
Targets
1. Target 1: $54.00 – Immediate resistance (6.0% gain).
2. Target 2: $55.00 – Potential recovery (7.5% gain).
3. Target 3: $58.00 – Bullish continuation (12.5% gain).
⚡ Risk Management
Position Size: 2-3% of capital.
Trailing Stop: Once Target 1 is hit, move stop-loss to $51.50 to lock in profits.
BANANA is in a minor pullback. Will you capitalize on the DeFi opportunity? 🍌🚀
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