‎I have conducted a technical analysis of the Pair $BANANAS31 /USDT#BinanceTurns8 #TrumpTariffs

‎price chart of the pair BANANAS31/USDT on a 4-hour timeframe.

‎Key Observations:

‎ * Maximum in 24h: The highest price reached in the last 24 hours is 0.024392 USDT. The current price is below this recent maximum, which could indicate a slight correction or consolidation after the rise.

‎ * Minimum in 24h: The lowest price in the last 24 hours was 0.015325 USDT.

‎ * Trading Volume:

‎ * Such a high volume during a price increase is a sign of strong interest and activity from buyers.

‎ * The current price is well above the three EMAs, and the short-term EMAs (EMA7 and EMA25) are above the long-term EMAs (EMA99). This is a clear indication of a strong upward trend. The EMA7 (yellow line) seems to be acting as a dynamic support during the rise.

‎ * The MACD indicator shows that the DIF line is above the DEA line, and the histogram (not fully visible, but inferred from the positive values) is positive. This confirms the upward momentum and the strength of the impulse.

‎ Possible Scenarios and Considerations:

‎ * Correction or Consolidation: After such a vertical rise, it is natural to expect a phase of consolidation or a small price correction as some traders take profits. The slight pullback from the maximum of 0.024392 could be the beginning of this.

‎ * Levels to Observe:

‎ * Support: The EMA(7) (around 0.019523) could act as a first level of support in case of a pullback. Previous resistance levels that could now act as support would also be relevant.

‎ * Resistance: The recent maximum of 0.024392 is the immediate resistance to overcome to continue the rise.

‎Conclusion:

‎The technical analysis of the image shows an asset (BANANAS31) in a strong and clear upward trend, driven by high trading volume.