$BANANA / USDT – Consolidating After Yesterday's Pump? 🤔
$BANANA is currently trading at 20.30, up slightly by +3.10% today, but down from yesterday's highs. Looking at the 4-hour chart, we're seeing some consolidation after a significant upward move. It's currently below the 24-hour high of 22.18. What's the next move for BANANA?
Potential Scenarios:
* Continuation: If $BANANA can find support around these levels and buying pressure returns, we might see another attempt to break the 22.18 resistance.
* Correction: Alternatively, we could see a deeper retracement towards previous support levels if selling pressure increases.
Key Levels to Watch:
* Current Price: 20.30
* Recent High (Potential Resistance): 22.18
* Recent Low (Potential Support): 19.34
Keep an eye on the volume and price action to see which direction BANANA decides to take. Remember to conduct your own thorough analysis before making any trading decisions. Wishing everyone a thoughtful Sunday afternoon from Multan!
