๐ BANANA/USDT Market Update โ March 11, 2025 ๐
๐ฅ Current Price: $16.67 (+36.86%)
๐ 24H High: $22.40
๐ 24H Low: $10.20
๐ฐ 24H Volume: 2.91M BANANA / 49.02M USDT
๐ Technical Analysis:
๐ Bearish Trend: The price has been in a downtrend but shows signs of recovery.
๐ Support Level: $10.20 (recent low)
๐ Resistance Level: $22.40 (recent high)
๐ Spot Trading Setup:
๐น Entry: $14 - $16 for a possible breakout
๐น Target: $22+ if momentum continues
๐น Stop Loss: Below $10
โก Futures Trading Setup (High Risk โ ๏ธ)
๐น Long Entry: Above $17 with volume confirmation
๐น Short Entry: Below $15 if rejection occurs
๐น Leverage: Moderate, as volatility is high
๐ Indicators:
โ MA(7): $13.68 (Bullish Crossover)
โ MA(25): $18.95 (Still Bearish)
โ MA(99): $34.70 (Long-Term Resistance)
๐ก Market Sentiment:
A recent volume surge suggests a potential reversal, but confirmation is needed. Watch for breakout above $20 for a stronger bullish move.
๐ข Trade Wisely & Manage Risks! ๐ข
#BANANA #Crypto #Binance #Trading #CryptoKingpin ๐
