💡 Quick technical analysis:
✅ Sharp drop followed by a potential rebound! After a rocket rise to $0.0739, the coin has dropped significantly, touching $0.0123, which is the lowest price in 24 hours – but it is now showing signs of a rebound!
✅ RSI is only at 17.3! This means that the coin is in a severely oversold area – historically, these areas have been fertile ground for sudden upward movements.
✅ MACD is approaching a bullish crossover! Negative momentum is starting to fade, and there is a high chance of green candles appearing at any moment.
✅ Huge trading volume (6.12B) confirms that eyes are still on this coin, and extreme volatility indicates significant interest from whales and active traders!
---
🚀 Expected scenario:
🔼 If the price can break through the resistance area around $0.016 – $0.018, we may witness a new surge towards $0.035 and then $0.05 in the near term!
🔽 In the case of breaking the support level of $0.0123 again, caution is required, and the correction may be a bit deeper before the next launch.
---
🔥 Is BANANAS31 ready for a strong comeback?!
The current behavior resembles "the calm before the storm" – technical indicators suggest that a reversal point is approaching, and the opportunity might be golden for adventurers.
📢 Tip:
Carefully monitor the price movement, and do not enter with all your capital at once. Make a gradual entry plan with a stop-loss!
💬 Share your opinion 👇
Do you see it as a real opportunity before the next explosion? Or just a false rebound?