$BANANAS31 Faces Resistance – Pullback or Launchpad?
$BANANAS31 is trading at $0.010451, showing signs of exhaustion after hitting the $0.01048 mark. While the uptrend remains intact, the current zone is acting as strong intraday resistance.
Key Price Levels
• Resistance: $0.01048 — A breakout above here could spark a fresh rally
• Support: $0.01033 — Holding this zone is critical for bulls to maintain momentum
Trade Scenarios
Bullish Breakout Above $0.01048
• Target 1: $0.01060
• Target 2: $0.01085
• Target 3: $0.01100
Bearish Rejection Below $0.01033
• Target 1: $0.01010
• Target 2: $0.00980
Volume remains strong, but sell-side pressure is mounting. Watch for either a clean breakout or a correction back to retest lower supports. Traders should look for confirmation before entry.