$BANANAS31 Congratulations to those ho made some profit, thanks to Allah(swt) things ith banana31 happened almost exactly as I had suggested(check the pictures below).
What now?
BANANAS31 has dipped from yesterday’s high of 0.008584 down to a low of 0.007729, and is currently trading at 0.00783 (–0.6%).
Technical Snapshot
Moving Averages (15 min):
• 7‑MA 0.00783 sits just below the 25‑MA 0.00795, both under the 99‑MA 0.00805—indicating a still‑weak trend that may be finding a bottom.
RSI(6): ~40 – early signs of a rebound from oversold territory.
MACD: DIF (–0.000048) is turning up toward DEA (–0.000042) on a shrinking negative histogram, hinting that bearish momentum is waning.
Order‑Book Depth: Bids 46.7% vs. Asks 53.3% – sellers have the edge at the top, but strong bid walls sit around 0.00780–0.00782, defending current levels.
Key Zones
Support:
0.00778–0.00782 – today’s low and bid concentration.
0.00770–0.00773 – broader swing‑low floor.
Resistance:
0.00795–0.00805 – 25/99 MA cluster overhead.
0.00820–0.00830 – prior consolidation range.
Trading Plan
Ideal Entry: Scale into longs on a dip toward 0.00778–0.00782. If this zone fails, a lower‑risk entry appears near 0.00770–0.00773.
Profit Targets: Trim into 0.00795–0.00805 (where the moving averages now resist). If price clears that with volume, look to take further gains near 0.00820–0.00830.
Stop‑Loss: Keep a tight stop below 0.00770 to protect against a breakdown back toward the new low.
After a 66% pullback over the past week, BANANAS31 may be carving out a base just above 0.00770. A successful hold here could trigger short‑covering and a snap‑back toward 0.00830. With risk defined by a sub‑0.00770 stop, the upside/downside ratio is compelling for nimble traders.
Stay sharp on volume and whether bulls can reclaim the 25‑MA—if they do, this banana may just split for a fast pop.
DYOR and Inshaallah we will make more profits.
