$BANANA /USDT Trading Signal – Bulls Powering Ahead 🚀
The BANANA/USDT pair has surged to $40.68, gaining +11.57% in the past 24 hours. With strong bullish momentum pushing the price to its 24H High at $40.80, traders are closely watching the next potential breakout.
Entry Point:
$40.50 - $41.00
Profit Targets:
Target 1: $42.50
Target 2: $44.00
Stop Loss:
$38.50 (to manage volatility)
Market Highlights:
24H High: $40.80
24H Low: $35.09
Strong volume of 120,409.31 BANANA indicates buyer dominance.
Key Levels to Watch:
Resistance: $41.50 (break above could trigger a larger rally)
Support: $39.50 (holding steady after earlier consolidation)
Analysis:
BANANA has shown significant strength, rebounding sharply from the $33.08 low. A break above $40.80 could lead to further bullish movement. However, a rejection could lead to consolidation near $39.50.
Pro Tip: Adjust stop-loss levels as the price approaches Target 1 to secure profits. Keep an eye on volume trends for confirmation of continued momentum.
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