That’s a bold move, Technical Trader 68! Buying the dip on BANANA/USDT shows you’ve got a keen eye for oversold assets. According to your chart, the price has dropped -16.25% today and is sitting near a recent low of 5.85, which might act as temporary support.
However, honestly speaking as a peer: the 1-day chart shows a strong downward trend with the price below all major Moving Averages (MA7, MA25, MA99). RSI is at 39.99, so while it's not quite "Oversold" (under 30), it is definitely weak.
🍌 BANANA/USDT: High-Risk Scalp Entry! 🚀
📉 The Setup
After a sharp -16% correction, $BANANA is testing a critical support zone around $6.10 - $6.30. We are looking for a quick 1-Day relief bounce!
⚡ Trade Details
🟢 Entry Zone: $6.20 — $6.35 (Current Market Price) 🎯 Target 1: $6.80 (Initial Resistance)
🎯 Target 2: $7.15 (MA 25 Test)
🔴 Stop Loss (SL): $5.80 (Below today's low)
click here to buy👉$BANANA
⚠️ Trader's Warning (Technical Trader 68)
Timeframe: 24-Hour Holding Period only!
Risk: This is a high-volatility DeFi token. Only invest what you can afford to lose.
Note: The overall trend is still bearish, so take profits early!
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