$BANANAS31
#BANANA Just now makes 24 hours low📉
Support level , 0.008403
Entry price 0.008403 to 0.008904
1st target , 0.009624 🎯
2nd target , 0.0011194 🎯
Price Trend : The current price is $0.008903, which is a significant drop of 37.89% from the previous value. This indicates a strong downward trend.
Moving Averages (MA): The short-term MA(7) is at $0.008834, while the long-term MA(25) is at $0.009922. Since the short-term MA is below the long-term MA, it suggests a bearish trend.
Relative Strength Index (RSI) : Although the RSI value is not explicitly shown, the chart displays a red bar indicating a sell signal. This implies that the RSI might be below 30, indicating oversold conditions.
Bollinger Bands (BOLL) : The BOLL indicator shows a widening band, which can be a sign of increased volatility.
Considering these factors, the momentum is becoming bearish . The downward trend, combined with the bearish MA crossover and potential oversold conditions, suggests that the price may continue to decline in the short term. However, it's essential to note that cryptocurrency markets are highly volatile, and trends can change rapidly.#INDIANstock