🍌 $BANANA /USDT – Ready to Go Bananas? Breakout Brewing! 🚀
After consolidating within a tight range, $BANANA is showing signs of a potential explosive move! Currently at $23.34 (+3.00%), the price is bouncing strong off the $22.00 support and pressing against the $23.40 resistance zone. With higher lows forming and bullish candles stacking up, the setup is heating up for a breakout play.
📊 Trade Setup:
• Entry Zone: $23.25 – $23.40
• Target 1 (TP1): $23.80
• Target 2 (TP2): $24.25 ✅
• Stop Loss (SL): $22.80
⚡ Technical View:
Bullish structure is intact with volume increasing. Price is coiling under resistance — breakout confirmation could trigger fast upside.
🛡 Risk Note:
Watch the SL closely — a break below $22.80 could invalidate this setup. Manage your position sizing.
🔄 Strategy Breakdown:
We’re playing the squeeze-breakout setup here — consistent higher lows and a flat resistance line usually lead to an explosive breakout. Ideal for short-term momentum traders watching volume surges near $23.40.
📢 Follow @bullishbanteer for more real-time setups and updates!