$BANANA /USDT BULLISH REVERSAL – POTENTIAL FOR A STRONG UPSWING!
$BANANA has surged to $21.81 (+11.56%), bouncing off recent lows and displaying strong buying interest. This DeFi token is showing signs of a trend reversal with healthy volume and bullish momentum.
KEY LEVELS:
Current Price: $21.81
Immediate Resistance: $23.00
Major Resistance: $25.90 (24h high)
Support Levels:
First Support: $20.50
Strong Support: $19.50 (24h low)
TRADE SETUP (LONG POSITION):
Entry Zones:
On dip near $21.00–$20.50 (support zone)
Or on confirmed breakout above $23.00
Targets (TP):
TP1: $24.50
TP2: $26.00
TP3: $28.00 (if momentum continues)
Stop Loss (SL): Below $19.40 (under strong support)
TECHNICAL INSIGHTS:
Volume increasing steadily (over $19.91M USDT in 24h), suggesting strong participation.
The price bounced from the $19.50 zone, forming a potential higher low.
If it clears $23.00, a breakout retest strategy could play out beautifully.
Watch 4H RSI — currently neutral with room for upside.
RISK MANAGEMENT:
Use a 1-2% capital risk rule to manage volatility.
Move SL to breakeven after TP1 is hit to secure profits.
Avoid chasing if price gets rejected at $23.00 without volume confirmation.
CONCLUSION:
$BANANA/USDT is showing early signs of a bullish reversal. A clean break above $23.00 can trigger a move back to the recent high of $25.90 and beyond. Stay sharp and trade with a plan!
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