$BANANA 🚀 BULLISH MOMENTUM 🚀

The chart above shows BANANA consolidating within defined swing zones, highlighting a tight price range pattern. Recent price action hovers between approximately $23–$30,

Fibonacci Retracement Zones

Using a swing low of $23.15 and a swing high of $30.00, here are the key Fibonacci retracement and extension levels:

Level Price (USDT)

38.2% Retracement ~$25.75

50.0% Retracement ~$26.60

61.8% Retracement ~$27.45

100% Breakout Level $30.00

127.2% Extension ~$32.00

BANANA is currently trading near the 61.8% retracement (~$27.45), which aligns closely with recent resistance.

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BANANA Trading Strategies

Pullback Long (Conservative Entry)

Entry Zone: $25.75 – $26.60 (38.2%–50% Fib, lower-risk entry)

Stop-Loss: Below $25.00

Targets:

T1: $30.00 (swing high / break level)

T2: $32.00 (127.2% extension)

Key Notes & Risk Management

Confirm trades with volume spikes and momentum indicators like RSI or MACD.

Keep risk limited to 1–2% of your capital per position to manage volatility.

Layer Fibonacci zones with trendlines or candlestick confirmation to strengthen the trade setup.

As highlighted by a recent strategy note:

“First target: $25.90; Stop-loss: $21.50; Next targets: $27.50 → $30.00”

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