$BANANAS31 is showing consolidation patterns with minimal movement today, declining 0.71% while trading in a tight range. The seed-stage token faces significant technical challenges, trading well below all key moving averages on the weekly timeframe.
On the weekly chart, BANANAS31 remains in a pronounced bearish structure with the EMA9 (0.004768) and EMA15 (0.005327) acting as distant resistance levels. The substantial gap between current price and moving averages confirms the ongoing downtrend remains intact.
Technically, immediate resistance stands at the 24-hour high of 0.003233 — a break above could trigger a move toward the 0.003500–0.003800 zone. Strong support rests at the 24-hour low of 0.003110, with a break below potentially testing the 0.003000 psychological level.
Volume at 319.43M remains below the 5-day average of 5.67B, indicating limited market interest. The token's 7-day performance of -5.95% and inability to challenge key moving averages suggests continued sideways to bearish momentum in the near term.