🚀 $BANANA /USDT – Bullish Double Bottom Formation! 🍌

The BANANA/USDT 1-hour chart is signaling a Double Bottom pattern, a classic indicator of a bullish reversal. Is this the breakout moment we’ve been waiting for?

💰 CMP: $43.65 (-1.09%)

📊 Key Pattern Highlights:

•Neckline Resistance: $46.05 – A breakout above this level confirms the pattern.

•Double Bottom Support: $43.14 – Crucial for sustaining the bullish momentum.

•Measured Move Target: $49.00 – Potential target after a confirmed breakout.

📉 EMA Support:

•Price bouncing from EMA zones, confirming strong support and upward bias.

⚡ Insights from the FortuneAI Trading Indicator:

•Trend: Bullish momentum building across timeframes. ✅

•Buy Signal: Confirmed by the FortuneAI indicator at recent lows. 📈

•Volatility: Ranging but leaning bullish. 🟢

•Resistance Zones: Watch for selling pressure near $46.05.

💥 Bullish Catalysts:

1️⃣ Double Bottom patterns often lead to explosive upward momentum.

2️⃣ Neckline breakout potential, with clear targets to the upside.

3️⃣ FortuneAI’s indicator aligns with a possible bullish continuation.

🛠 Tools Used: FortuneAI Trading Indicator for insights and confirmation of the bullish reversal potential.

🌟 Are you bullish on BANANA? Let us know your thoughts below! 🚀