BANANA

The price is currently moving within a blue ascending channel, suggesting a short-term bullish trend. A descending black trendline connects previous lower highs, acting as dynamic resistance. The price is now testing this line from below, which could signal a potential breakout if momentum continues. Bullish Case: A confirmed breakout above the descending trendline could lead to a rally toward $28.31 and possibly $33.50. As long as price stays within the ascending channel and above $21.40, the bullish momentum remains intact. Bearish Risks: Rejection at the descending trendline may lead to a pullback toward $21.40. A breakdown below $21.40 would weaken the bullish structure and could trigger a drop toward $15.50.

$BANANA 🍌 Soars past $50 How Trendline Support Trading Works Identify the Trend: Look at the price chart of a cryptocurrency (e.g., Bitcoin or Ethereum) on platforms like Trading View. In an uptrend, draw a trendline by connecting at least two higher lows (points where the price dipped but didn’t break lower). Use charting tools to ensure accuracy, as eyeballing can lead to errors. Confirm the Support: A valid trendline should be touched by the price at least three times to confirm it’s a reliable support level. The more times the price respects the trendline (bounces off it), the stronger the support. Trading the Trendline Support: Entry Point: When the price approaches or touches the trendline in an uptrend, it’s a potential buy signal, as the price is likely to bounce upward. Stop-Loss: Place a stop-loss just below the trendline to protect against a breakout (when the price breaks below the trendline, indicating a potential trend reversal). Take-Profit: Set a target at a previous high (resistance) or use indicators like Fibonacci extensions to estimate where the price might go. Validate with Other Indicators: Use additional tools like volume (high buying volume near the trendline confirms support), RSI (to check if the asset is oversold), or candlestick patterns (like bullish engulfing) to increase confidence in the trade. For example, if Bitcoin’s price touches a rising trendline at $60,000 with high volume and an RSI below 30, it’s a stronger buy signal. Monitor for Breakouts: If the price breaks below the trendline with strong volume, it may signal a trend reversal or a new downtrend. This could be a signal to exit or consider a short position (betting on price decline).

📌 Buy Plan Price reacted from HTF POI (weekly zone). Dealing Range (H4) has formed, confirming bullish setup. Entry: from inside DR H4 or on breakout. SL: below DR low. TP1: first structure above DR. TP2 & TP3: upside BSLs. Move SL to breakeven after TP1.

BANANAUSDT under $30 feels like a gift. Starting to build here, and if price dips back into the purple zone, I’ll keep adding. Monthly trend is active off the lows—this looks like a clear reversal. If it holds, I expect new highs over the next 5 months. Not sure if $22 gets retested, but if it does, that’ll be a major area of interest. Strong coin. Strong setup. Time to act.

📈 Technical Overview: BananaUSDT is currently testing the midline of the descending channel. A confirmed breakout above this level could trigger a bullish move toward the top of the channel, which aligns with our secondary target. Until the breakout is validated, the price may continue to range within the current structure. 🔸 Watchlist Status: Setup is not confirmed yet — keep this on your watchlist and wait for a clear breakout above the midline. 📍 Next resistance: Top of the channel 📍 Invalidation: Rejection at midline or breakdown below recent support 📉 Risk Management: Enter only after confirmation, and risk no more than 1% of your capital. Always define your stop-loss.

The first future is likely to rise quickly.

BANANA has recently rebounded from its support level and may continue its rally if the momentum holds. Strategy: ~ Entry / Accumulation: $13.7 to $15.5 ~ Target: $25 ~ Trade Type: Spot ~ Invalidation: A daily candle close below $13 DYORBANANA Profit Update: BANANA has hit our target. Congratulations to all.

$BANANA is moving inside a big symmetrical triangle on the daily chart.The price is near the support line and starting to bounce.If it breaks out above the top trendline, we could see a strong move toward $40, which is around 66% upside.Retweet if you're bullish!DYOR, NFA

"Members been looking at BANANA for a while and posting it as trade idea, could get sniper pf entry I missed it, here I must say Im not sure where Sl should be, however BTC looks interesting and would try some longs here to 0.31I will be more than happy with just Tp1"

marking important levels to trade for $banana BANANAGUN