$BANANA /USDT is currently trading at $19.23 with a 7.36% increase, showing strong bullish momentum after a V-shaped recovery from below $18. Let's break down the key levels and trade setup:
Key Levels:
Support: $18.00
Immediate Resistance: $19.60
Breakout Trigger: $20.00+
Trade Setup:
Entry Zone:* $19.20-$19.40
Targets:
TP1: $19.60
TP2: $20.00
TP3: $20.60
Stop Loss: $18.80
Some analysts predict a potential surge to $28.13 or even new all-time highs if BANANA breaks above $20.00. Others see a possible 61.77% increase to $34.28, citing bullish Fair Value Gaps and volume spikes.
Recent Price Action:
- 24-hour low: $17.47
- 24-hour high: $20.34
- Current price: $18.08 (or $18.55/$18.91/$19.33 as per different sources)
Market Performance:
- Market cap: $74,272,117.27 USDT or $80.63 million USD
- 24-hour trading volume: $1,289,126.43 USDT or $25.98 million USD
- Volatility: 16.39%-25.29% decrease in the last 30 days
Keep an eye on volume and price action near the $20.00 level, as a clean break and retest could launch a fresh bullish leg.