Price: 21.83 | EMA7: 21.65 | EMA25: 21.32 | RSI14: 71.71 | Resistance: 22.08 | Support: 19.95 | Average Volume: 1022.41 | Volume Trend: Decreasing
Based on the 15m technical analysis of BANANAUSDT, here are my findings:
**Trend:** The short-term trend is bearish, as the price is below both EMAs and the MACD is positive.
**RSI:** The RSI is overbought at 71.7, indicating a potential reversal.
**Recommendations:**
* For a Long/Short entry, consider buying at around 21.50 (just above the EMA25) to take advantage of a potential bounce. Set your stop-loss at approximately 20.75 and target profits at around 22.20.
* For a spot buy, consider entering at around 21.20, as the price is approaching the support level. Set your stop-loss at approximately 20.40 and target profits at around 22.50.
Please note that these are just suggestions based on technical analysis and do not constitute investment advice. It's essential to consider your own risk tolerance and trading goals before making any trades.