$BANANA / USDT - price analysis:
Bullish daily candle close 📈
Current prices get rejected at the daily trend resistance❗️
Double top & bearish pattern LTF ⚠️
Another daily close above it required 56.35$ to confirm a breakout 📈
In my opinion, a pull back & retest of the 54.20$ - 53.80$ support zone will be see before another pump & breakout of the trend 📉
(safer to wait and not to FOMO).
💡Monitor the downtrend breakout & levels mentionned!
57.10$ = key resistance too.
⭐️TIPS:
Even if $BTC pump, it doesn't mean that #altcoins will follow!
Every charts are different, after a 10 - 20 - 30% rally upward, prices must retrace to test lower support zone. Keep in mind that many are in profits and have to cashout! (do not FOMO).
💡To sum up:
Short term = bearish rejection toward 54.00$ zone📉
Mid term = Possible new high if the suport mentionned hold📈
