$BANANA
Market read:
BANANA pushed aggressively into the 7.7 area and faced strong rejection. Price is now pulling back into prior structure, cooling off momentum.
Key levels:
Support around 7.25–7.10
Resistance near 7.70–7.85
Trade idea:
As long as price holds above 7.10, structure remains healthy. Reclaiming 7.70 would signal strength again.
Risk note:
Volatility is high. Wicks suggest profit-taking near highs.
Next move:
Watching whether price stabilizes at support or breaks lower.
Is this just a pullback or trend exhaustion in your view?
BANANAUSDT
Perp
4.532
-1.99%