$BANANAS31
Update on Banana For Scale (BANANAS31) :
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🍌 Quick Snapshot
Price: ~$0.0131
24 h Volume: ≈ $106M (↑9%)
7‑day Price Change: +50–51%
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📈 Price Action & On‑Chain Buzz
Hit an all-time high of $0.01701 on June 26, then pulled back to ~$0.0100—a classic memecoin volatility cycle .
Despite the dip, bulls stepped back in: +26% in 24h and +114% over the last 7 days, per Binance data .
Watchdog alert: Traders Union flagged BANANAS31 as a possible pump-and-dump with 80% supply in just a few wallets, plus no clear team or roadmap—red flags for potential manipulation .
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🎯 Trader’s Playbook
Strategy Zone Notes
Dip Entry **$0.0115–$0.0120** Entry near reclaimed support after ATH sell-off.
Breakout Entry **> $0.0135–$0.0140** Clears daily highs—momentum trigger.
Take Profit #1 **$0.0160–$0.0165** Just below recent ATH.
Take Profit #2 **$0.0180–$0.0200** If retail hype reignites.
Stop Loss < $0.0110 Below key support—exit early.
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⚠️ Risks & Things to Watch
Centralized supply: 80% of tokens held by few wallets; strong dumping risk .
No fundamentals: Meme-only token—value driven by hype and sentiment, not utility .
High volatility: Expect 40–60% intraday swings—use tight risk controls.
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🔍 Final Take
BANANAS31 is in classic memecoin breakout/correction mode. Entry around $0.0115–$0.0120 captures dip-return swings; a breakout above $0.0135 could propel to ATH or beyond. But with concentrated supply and no clear team, moves can reverse fast—use tight stops and only trade what you're prepared to lose.
DYOR ....
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