In this analysis, we highlight the currency $BANANAS31 /USDT after the recent positive performance. Will the price continue to rise? Is there a chance to reach the historical peak before the end of the year? Here are the technical and news details:

🔍 Technical analysis:

  • The current price is moving near $0.00821 after rebounding from the support level of $0.0076.

  • The trend on the short time frame (15 minutes) shows limited upward momentum.

  • On the 1-hour and 4-hour time frames, we observe sideways movement with positive tendencies and a continuous test of resistance levels.

  • The moving averages EMA 20 and EMA 50 support the continuation of the upward trend in the short term.

  • The RSI indicator is moving between 58 and 60, indicating moderate momentum and the possibility of continued rise.

  • The MACD indicator shows a slight positive crossover, which supports the chances of continuing to rise.


📉 Support and resistance levels

  • First support: $0.00780

  • Second support: $0.00720

  • First resistance: $0.00860

  • Second resistance: $0.00980

  • Next psychological resistance: $0.01250 – $0.01400


📰 News side

  • There are no major current news, but the currency is of the 'meme' type, making it very sensitive to social media interaction.

  • Any marketing campaigns on platforms like Twitter or TikTok could drive the price to a sudden rise.

  • Community monitoring and media support are very important for this type of currency.


🔮 Upcoming technical forecasts

  • In the coming days: it is likely to test the area of $0.00860 then $0.00920.

  • In the medium term (1-2 weeks): if $0.00950 is broken with a strong close, we may see a rise towards $0.012 – $0.014.

  • In the long term (before the end of 2025): reaching the previous peak of $0.073974 is possible but requires a very strong bull market and extensive media support; if broken, a strong target of $0.10.


✅ Can the price return to the peak of $0.073974?

Yes, but the following must be verified:

  • Entering into a large bull market similar to 2021.

  • Strong promotional campaigns through social media.

  • Significant growth in daily trading volume.

  • Important listings or adoptions on new platforms.

💡 Trading recommendations:

  • A suitable entry opportunity for day trading between $0.0080 – $0.0082.

  • Sell at $0.0086 – $0.0092 to realize short profits.

  • Long-term accumulation is possible at every dip towards $0.0075, with a first target of $0.012 and then $0.020.

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