Currently, BANANAS31USDT is trading at 0.006428 USDT. In the past 24 hours, it hit a high of 0.006560 and a low of 0.005713, meaning it has bounced back strongly from the lows.
Looking at the technicals:
✅ The short-term (7-period) and mid-term (25-period) moving averages are just below or near the price, which signals short-term bullish momentum.
✅ The key immediate resistance is at 0.006560 — if the price breaks and holds above this level with strong volume, the next short-term target could be around 0.0066 to 0.0067 or higher.
✅ On the downside, the support zone lies between 0.006230 and 0.006317 — if the price drops, it may find buying interest there.
So, should you buy?
👉 If you are looking for a short-term trade, you can consider a small entry around the current price, but you must watch for a confirmed breakout above 0.006560 for safer upside.
👉 For more cautious traders, it’s better to wait for a clear breakout before entering, to avoid getting stuck if the price pulls back.
👉 Always use proper risk management set a stop loss below 0.0062 to protect yourself if the price reverses.
In summary, the market currently looks slightly bullish, and if momentum continues, we could see a 3–5% move upward in the short term.