$BANANA Bullish Continuation Setup! š
$BANANA is trading at 27.30, up +13.09% in the last 24H, showing strong recovery momentum after bouncing from the 27.00 support area. Price recently tested 28.56 but faced short-term selling pressure, indicating a healthy pullback within the bullish structure. Holding above 27.00 could trigger another move toward recent highs.
Support and Resistance
ā¢ Resistance: 27.80 ā 28.56
ā¢ Support: 27.00 ā 26.50
Trade Setup
ā¢ Entry Zone: 27.10 ā 27.40
ā¢ Stop Loss: 26.50
šÆ TP1: 27.80
šÆ TP2: 28.20
šÆ TP3: 28.80
Market Insights
$BANANA remains in an upward channel, supported by steady buying volume and a strong bounce from intraday lows. A breakout above 28.20 could open the way for a retest of 28.80 and potentially new highs. Traders should watch price action closely for confirmation before entering.