$BANANA USDT – CONSOLIDATION AFTER SPIKE, BULLS EYEING A BREAKOUT
PRICE HOLDING ABOVE EMA(25) SUPPORT
POTENTIAL FLAG FORMATION ON 4H CHART
$BANANA is currently trading at $22.75, consolidating in a tight range after a sharp rally to $25.90. Price is hovering around EMA(7) and EMA(25), suggesting short-term indecision. However, the higher low structure and support from EMAs indicate bullish continuation is possible if volume picks up.
Long Trade Setup
Entry Zone: $22.60 – $22.80
Stop Loss: Below $22.20
Target 1: $23.40 (24H high retest)
Target 2: $24.80 (prior breakout zone)
Target 3: $25.90 (local top)
A clean break above $23.00 with rising volume could trigger a strong breakout. Structure remains bullish as long as price holds above $22.20.
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