$BANANA /USDT – Compression Apex Near Termination, Parabolic Continuation in View 🍌🚀
$BANANA is currently trading at $28.69831, consolidating beneath the $29.84 breakout pivot, after cleanly defending the $26.30 mid-range support.
Price is forming a volatility squeeze triangle nested inside a larger bullish continuation structure — a high-probability signal for supply exhaustion and breakout displacement.
📊 Technical Alignment:
• RSI is steadily tracking in the 64–70 band — strong yet not overextended, indicating momentum stability.
• MACD remains in positive territory with rising histogram volume — foreshadowing a bullish surge.
• Volume profile indicates tight clustering at $28.00–$28.50, suggesting aggressive accumulation under the key resistance.
• Liquidity above $29.84 is thin, with no meaningful supply until the $32+ range — setting the stage for fast breakout execution.
This is a loaded spring setup, where technical compression precedes rapid directional expansion.
🧠 Strategic Long Setup
📍 Entry Zone: $28.40 – $28.80
• Ideal for entering within the apex coil — limited downside, asymmetric upside
• Positioned just beneath the breakout lid for early exposure
📈 Profit Targets:
• TP1: $29.84 – Immediate breakout trigger
• TP2: $31.40 – First liquidity gap + prior supply shelf
• TP3: $33.60 – Full range extension from the pattern base
🛑 Stop Loss: $26.25
• Beneath rising trendline and structure low — invalidates current bullish structure
💡 Pro Execution Tip:
Watch for a 4H or daily close above $29.84 with volume exceeding 175% of average to confirm a genuine breakout.
If missed, your surgical re-entry is on the retest of $29.84 as reclaimed support — where smart money typically reloads.
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