Here’s a technical analysis post suitable for Binance regarding BANANAS31/USDT, including 3 price targets:
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Technical Analysis – $BANANAS31
/USDT
Current Price: $0.004746
24h Change: +4.49%
Volume (24h): 160.84M BANANAS31 / 744,804.36 USDT
Exchange: Binance
BANANAS31 is showing bullish momentum with a strong volume surge and price moving above the 60-period moving average (MA60: $0.004576). The recent breakout from the $0.00460 resistance zone signals increased buying interest.
Key Technical Indicators:
MA(5): 5.26M
MA(10): 3.32M
24h High/Low: $0.004821 / $0.004503
Resistance Levels: $0.00480, $0.00495, $0.00520
Support Levels: $0.00460, $0.00450
3 Price Targets:
🎯 Target 1: $0.00485 – short-term resistance, likely to test if volume sustains.
🎯 Target 2: $0.00500 – psychological level and potential breakout zone.
🎯 Target 3: $0.00520 – medium-term target if momentum and volume remain strong.
Outlook:
If BANANAS31 maintains current momentum and volume, the pair may break above $0.00485 and challenge the $0.00500 mark. Traders should watch for consolidation around $0.00460 for a possible re-entry opportunity.
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