Technical analysis by milad-bit24 about Symbol BANANA on 9/14/2025

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.