I'd informed you 3 hours ago guy when #BANANAMarket is at $16 it's going upward to $18 and dropped again. when will #banana hits $22 again❓$BANANA Will This Rally Continue or Fade? $BANANA is currently trading at $16.23, surging +36.96% in the last 24 hours. After touching a 24H high of $22.40, the price retraced but is showing signs of stabilization.
Key Levels to Watch
🔺 Resistance: $18.10 – A breakout could push BANANA toward $20.00-$22.00.
🔻 Support: $15.50 – Holding this level is crucial to prevent a deeper drop to $14.90-$13.50.
Market Sentiment – Is Momentum Fading?
✅ Strong recovery from $11.75 lows, but resistance remains tough.
✅ Volume surge signals renewed interest, but profit-taking risk is high.
Trade Setup – Risk & Reward Play!
📈 Long Entry: A clean break above $18.10 could drive BANANA toward $20.00-$22.00.
📉 Short Entry: A rejection near $16.50-$18.00 may lead to a retrace toward $15.00-$13.50.
🚨 Stop-loss: Below $14.90 to minimize downside exposure.
Final Thought
BANANA is at a decisive point. Bulls need to regain strength above $18.00, while a rejection could trigger another leg down. Watch these levels closely!