$BANANAS31 COILING TIGHTLY – EXPLOSIVE BREAKOUT LOADING?
$BANANAS31 is trading at $0.005760, up +12.90%, and consolidating in a tight range near intraday highs. Price is forming a compression pattern just below resistance—a breakout could be brewing if volume picks up.
Key Levels to Watch
Resistance Zones:
• $0.005780 – Immediate breakout point
• $0.005850 – Range expansion target
• $0.006166 – 24H high (major breakout zone)
Support Zones:
• $0.005740 – Local base inside the consolidation
• $0.005700 – Minor support buffer
• $0.004961 – 24H low and last strong demand zone
Trade Setup – Momentum Squeeze
Bullish Entry:
Break and close above $0.005780 may ignite a move toward:
• TP1: $0.005850
• TP2: $0.006166
Bearish Entry:
Break below $0.005740 could pull price toward:
• TP1: $0.005700
• TP2: $0.005600
Stop-Loss:
• Longs: Below $0.005730
• Shorts: Above $0.005790