⭐ $BANANAS31 /USDT – Potential Bullish Continuation Setup ⭐

The BANANAS31/USDT chart on the 15-minute timeframe shows a strong upward impulse followed by a period of consolidation. After a sharp rally that pushed price toward the 0.00410 area (its recent 24h high), the market retraced but is now stabilizing above the 0.00345–0.00355 support zone.

🔍 Technical Analysis

Strong Impulse Move: A clear bullish surge occurred earlier, marked by long green candles and increasing volume. This indicates strong buyer interest.

Healthy Pullback: The subsequent downward movement appears corrective rather than a trend reversal. Candles show decreasing selling momentum as price approaches the support range.

Consolidation Phase: The market is forming a sideways structure, suggesting accumulation. Bulls often reload in such zones before another leg up.

Key Support:

– 0.00345–0.00350 is acting as the immediate support zone.

Key Resistance:

– The next breakout level sits around 0.00380–0.00400.

📈 Market Outlook – Bullish Continuation Likely

If price holds above the support and buyers step in, a bullish continuation toward 0.00385, then possibly 0.00410, becomes likely.

⚠️ What to Watch

A clean breakout above 0.00380 with strong volume → signal for the next bullish push.

A breakdown below 0.00345 → may delay bullish momentum and shift into deeper consolidation.