⛔ $BANANA is up 50% today⛔
let's do a quick technical analysis based on your chart:
⛔Current Market Structure
*Price: $17.02
*24H High: $22.40
*24H Low: $10.20
RSI (6): 49.06 (Neutral, not overbought or oversold)
⛔Key Observations
Strong Rally & Pullback: The price surged from $11.75 to $22.40, then retraced and stabilized around $17.02. This indicates profit-taking but also strong demand.
⛔Support & Resistance:
⛔Immediate Resistance: $18.25 (If it breaks, next resistance is $20.59 - $22.40)
⛔Support: $15.90 (If broken, next strong support is $13.56)
⛔RSI at 49.06: Neutral zone, meaning the coin isn’t overbought or oversold yet. It could still move in either direction.
⛔Trend Strength:
If the price holds above $17.00, we may see another attempt to test $20+.
If it breaks below $15.90, it might correct further to $13.50-$14.00 before bouncing back...
⛔Trade Strategy Ideas
Bullish Scenario: If price holds above $17.00 and breaks $18.25, potential move to $20-$22+.
Bearish Scenario: If price falls below $15.90, watch for $13.50-$14.00 as the next buying zone.
#Write2Earn #Write2Earn! #banana