$BANANA /USDT BULLISH STRUCTURE FORMING – BOUNCE FROM DEMAND ZONE CONFIRMED
$BANANA is currently trading at $24.51 after bouncing strongly from the $23.00 support region. The 1H chart shows a swift recovery with higher lows forming, indicating buyers are stepping back in. The price action reflects a potential bullish flag formation, aiming to retest the $25.50 zone next.
Trade Setup (Long):
Entry Zone: $24.30 – $24.60
Take Profit: $25.20 / $25.70 / $26.50
Stop Loss: $23.85
Market Outlook:
If holds above the $24.00 level, this recovery could extend toward recent highs near $25.67. Momentum appears to be returning after the wick-down flush toward $22.68 was quickly bought up. A sustained move above $25.00 could trigger fresh breakout interest.
Risk Management: Lock in profits gradually and trail your SL after TP1 to stay protected from sudden volatility.
Follow community – be early, be profitable! Tap in before the market leaves you behind because every trend rewards the bold. Don’t let this bullish wave pass you by — enter smart, ride the profits!
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