The sell-off is over! After a sharp correction from the highs, BANANAS has stopped falling and is now carving out a powerful base of support. This choppy, sideways action is the accumulation phase where smart money gets positioned before the next major rally.
Don't mistake this sideways movement for weakness; this is the market coiling a spring for an explosive move. $BANANAS31
📊 The Bullish Case (Why BANANAS Is A Strong Buy Here)
🔹 Rock-Solid Support Found: The price has established a major floor around the $0.00820 - $0.00850 zone. Every dip into this area has been aggressively bought up, showing a wall of buyers is present.
🔹 Selling Pressure Exhausted: The intense downtrend is officially over. The market is no longer making new lows and has transitioned into a sideways range, signaling seller exhaustion.
🔹 Early Accumulation Signs: The chart is forming a clear accumulation range. The series of higher lows within this range is the earliest signal that buyers are quietly stepping in and taking control.
🔹 Fantastic Risk/Reward: Buying within this accumulation range provides an exceptional risk-to-reward ratio. Your potential upside is massive compared to the defined risk of placing a stop just below the range lows. $BANANAS31
📈 The Trade Recommendation:
This is a classic "buy the accumulation" setup. We are looking to enter before the next major breakout.
✅ BUY: In the current zone of $0.00860 – $0.00870
🎯 TP1: $0.00970 (The top of the recent range)
🎯 TP2: $0.01100
🛑 SL: $0.00810 you can hold it it's nice either
🔥 The Bottom Line: The correction has ended, a strong base is being built, and the next move up is just around the corner. This is your chance to get in on BANANAS at the ground floor before the next rally begins.
👇 Do you think BANANAS will break out of this range this week? Let me know your thoughts! 👇
❤️ Like if you're bullish on this accumulation, and follow for more high-conviction plays.
#BANANAS31binance #bananas31droped
