$BANANA /USDT 4H Trade Setup:
Market Insight
$BANANA is up +14.55% in the last 24 hours, indicating strong bullish momentum. However, the MACD is currently negative (MACD: -0.075), signaling that the move might be overextended short-term. Price is testing a key resistance zone near $25.20.
Entry Zone
$21.80 – $22.60
(Ideal to buy on a dip toward SAR or near previous resistance-turned-support.)
Targets
🎯 Target 1: $24.07
🎯 Target 2: $25.20
🎯 Target 3: $27.00 (if breakout sustains above $25.20)
Stop Loss
$19.70
(Just below the recent swing low and key support zone)
Key Levels
Support: $21.37 / $21.18 / $19.73
Resistance: $24.07 / $25.20 / $27.00
SAR: $21.37 (still supportive of a short-term uptrend)
MACD: Bearish crossover – suggests slowing momentum despite price surge
Pro Tip
If BANANA fails to close a 4H candle above $25.20 with volume, expect a retracement toward the $22.00–$21.50 zone. Consider partial profit-taking at $24.07 if the price struggles to break higher.
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