BANANAS31 just bounced to $0.008665 after forming a clear bottom near $0.00822, marking a potential early-stage reversal. After hours of sideways consolidation, the price has surged with increased volume and renewed buyer interest.
The RSI is sitting around 47.26, suggesting there's still plenty of room for upside without being overbought. Meanwhile, the MACD remains flat, but signs of a bullish crossover are emerging — hinting at a possible shift in trend direction.
This bounce off the support could be the start of a fresh rally, especially if the price pushes above the short-term resistance zone.
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📈 Key Levels to Watch:
Resistance: $0.00886
Support: $0.00822
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🔥 My Take:
BANANAS31 is showing early bullish signs, but we’re not out of the woods yet. A confirmed break above $0.00886 could trigger a stronger move toward the $0.00920+ area. However, a failure to hold above support may bring another test of the lows.
Traders: Stay sharp. Accumulation is happening. This could be the calm before the breakout.