$BANANA BANANA/USDT After the sudden rise, is there a breakout to the dollar? Long trading idea
The price of BANANA has risen to its highest level in the last 24 hours at $25.90, but is now consolidating around $22.27 (+12.08% today). The four-hour chart shows strong bullish momentum with a healthy pullback, indicating a potential setup for the next phase of the rise if buyers pull back.
: Trading Plan
Buying Zone: $22.00 - $22.30
Stop Loss: $21.20
Target 1: $23.80
Target 2: $25.00
Target 3: $26.50
Watch for a breakout above $24.00 with trading volume for confirmation. If the price stabilizes above $22, momentum could easily decline.
Continues
BANANA