$BANANA / USDT Showing Pullback After Recent High on Binance 🍌

Looking at the $BANANA / USDT 4-hour chart, we're observing a pullback after a recent upward move. Currently trading at 16.34 USDT, it's down -3.60% in the last 4 hours, although still slightly up +0.80% for the day.

After testing the 24-hour high of 17.47 USDT, $BANANA seems to be retracing. It's important to see if it finds support at these levels to maintain a bullish outlook.

Key Levels to Watch:

* Support: The 24-hour low of 16.11 USDT is the immediate support level. Holding above this is crucial to prevent further downside.

* Resistance: The recent high of 17.47 USDT will act as the next significant resistance to overcome for a potential continuation of the upward trend.

What's your take on BANANA's short-term price action? Do you anticipate a bounce from the current levels, or will we see more consolidation or a deeper retracement?

Let's share your analysis and trade responsibly!

#BANANA #BANANAUSDT #ApeSwap #Pullback #SupportAndResistance