BANANA/USDT After the sudden rise, is there a breakout for the dollar? Long trading idea
The price of BANANA has risen to a 24-hour high of $25.90, but it is now consolidating around $22.27 (+12.08% today). The four-hour chart shows strong upward momentum with a healthy pullback, indicating a potential setup for the next phase of the rise if buyers retreat.
: Trading plan
Buy 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 holds above $22.00, momentum can easily decline.
.Continues
BANANA