#MyAdvice BUDDIES๐ค
๐ BANANA/USDT Analysis: Key Insights
1. Support and Resistance Levels:
Support: Around $55.83 (strong zone where buyers have previously stepped in).
Resistance: $65 (short-term downtrend resistance).
Keep an eye on these levelsโthey play a crucial role in price movements.
2. Recent Performance:
BANANA bounced back more than 30% from its recent low (below $30).
Resistance around $65 needs close monitoring for potential breakouts.
3. Entry Strategy:
Consider buying near the support level ($55.83) if BANANA holds.
Set a stop-loss below the support to manage risk.
4. Current and Previous Values:
Current Price: ~$49.34 USDT
24h High: $52.00 USDT
24h Low: $42.50 USDT
:Remember, crypto markets can be volatile. Always do your own research and practice risk management. Happy trading! ๐.#BinanceHODLerBANANA #BlackRockETHOptions #SahmRule #Write2Earn!