$BANANA has experienced a 10.182% increase in the last 24 hours, currently trading near the upper Bollinger Band at 21.2984.
This positions it at a potential overextension, suggesting caution before entering new long positions.
Key support is located at 18.68, while resistance sits at 21.05.
If prices break above resistance, it may signal a continuation of the uptrend.
Volatility appears to be expanding, indicating potential for further price swings.
A prudent risk management strategy may involve placing a stop-loss just below support at 18.68.
Recommendation: set alerts for breakout or pullback opportunities.
