$BANANA Rallies 5.19% to Retest 24-Hour High

The DeFi token BANANA surges 5.19%, trading at 6.28 USDT and making a direct run at its 24-hour high of 6.32. The move is supported by strong volume of 129,146 BANANA and nearly 800,000 USDT.

A key technical development underpins the momentum. The price has decisively broken above and is holding the critical Supertrend (10,3) support level at 6.19, confirming a bullish structure and establishing a solid foundation for the advance.

The chart shows a clean ascent from the 5.95 support level, with the token now consolidating near the session's peak. The successful hold above the Supertrend indicator keeps the immediate path clear for a breakout.

With a confirmed technical breakout and sustained volume, the bullish momentum is well-defined. The immediate challenge is a clear breach of the 6.32 resistance, which would open the door for continued upward movement as the token capitalizes on its strong technical positioning.