$BANANA / USDT ā Showing Bullish Momentum! šš
$BANANA is currently trading at $20.88, showing a gain of +4.04%. The 4-hour chart indicates a steady climb with consistent green candles, suggesting increasing buying pressure. It's approaching the recent high.
Potential Trade Setup:
Entry: Consider potential entries around the current level or on slight pullbacks towards $20.80, looking for support to hold.
Target 1: $21.36 (24-hour high)
Target 2: $21.7
Final Target: $22.0+ (testing previous highs)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $20.60, to manage risk.
Key Observation: The consistent upward movement and increasing volume suggest sustained bullish interest. Watch if $21.36 can be broken decisively for further upside.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday afternoon here in Multan!