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