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#BELUSDT Technical Overview: Descending Channel Breakout: The price has broken out above a well-defined descending channel, which is typically bullish. Positive Divergence: The MACD histogram and signal line show a bullish divergence—price made lower lows while the MACD made higher lows. This often signals a potential trend reversal to the upside. Resistance Zone at ~0.3808: There is a key resistance zone around 0.3808. A retest and bounce from this zone could confirm a strong bullish reversal. Current Price: 0.3749: The price is just below the breakout retest zone. It hasn’t confirmed support at 0.3808 yet. Conclusion: Wait for Confirmation before entering a long position. Buy Long Scenario: If the price breaks above and holds above 0.3808 on a retest with strong volume or bullish candles, it may be a good long opportunity targeting levels around 0.4021, 0.4208, and 0.4540. Sell Short Scenario: If the price gets rejected at 0.3808 and closes back inside the descending channel, that would invalidate the breakout and may favor a short. Current Recommendation: Watch for a confirmed breakout above 0.3808 before going long. Do not enter yet.
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#SecureYourAssets Banana Gun Price Prediction The latest price for one Banana Gun/BANANA coin is $16.20. It's up by 1.86% in the last 24 hours. 44.77% of days, the price of BANANA closed above the opening. The maximum price ever recorded in our base for one BANANA is $70.34, it was and 8 Months ago, currently price is down by -76.96% from that high. From a total of 17 technical indicators, 2 calls to buy, and 11 to sell, the prediction sentiment short-term is bearish based on technical price analysis.The first major uptrend resistance for BANANA is at the $18.45 level, it needs to close above that level to continue to move higher, and bottom support sits at $13.36. So if the price falls below $13.36, we may see the price go even lower. On the other hand, if it will be able to close above the $18.45 level, it can go up to the next resistance level at $22.17. The 14-day relative strength index (RSI) is currently at 29.10, indicating Oversold conditions, oversold signals that price can rise in the near term. On the daily chart, exponential moving averages show a bearish signal. Banana Gun price currently sits below all exponential moving averages.
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