đ BANANA/USDT Market Update â March 11, 2025 đ
đ„ Current Price: $16.67 (+36.86%)
đ 24H High: $22.40
đ 24H Low: $10.20
đ° 24H Volume: 2.91M BANANA / 49.02M USDT
đ Technical Analysis:
đ Bearish Trend: The price has been in a downtrend but shows signs of recovery.
đ Support Level: $10.20 (recent low)
đ Resistance Level: $22.40 (recent high)
đ Spot Trading Setup:
đč Entry: $14 - $16 for a possible breakout
đč Target: $22+ if momentum continues
đč Stop Loss: Below $10
⥠Futures Trading Setup (High Risk â ïž)
đč Long Entry: Above $17 with volume confirmation
đč Short Entry: Below $15 if rejection occurs
đč Leverage: Moderate, as volatility is high
đ Indicators:
â
MA(7): $13.68 (Bullish Crossover)
â
MA(25): $18.95 (Still Bearish)
â
MA(99): $34.70 (Long-Term Resistance)
đĄ Market Sentiment:
A recent volume surge suggests a potential reversal, but confirmation is needed. Watch for breakout above $20 for a stronger bullish move.
đą Trade Wisely & Manage Risks! đą
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