🍌What is happening with $BANANAS31 🍌
🟢 Strong "green flood" $BANANAS31 — the last candle is powerful, with high volume
📈 MA(7), MA(25), MA(99): broken in one go — this is a bullish breakout
📉 RSI(6): 89.6 — overbought, the market is overheated
📊 Trading volume: sharp increase — buyers have entered aggressively
💬 What does this mean:
🔸 The coin had a long flat/weakness, then — sharp volume and a breakout of all averages
🔸 RSI > 89 — this is a signal to take profits or wait for a correction
🔸 The price is already close to the daily maximum (0.007050), resistance is very near
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📈 Forecast for today (short-term):
🔼 Likely scenario #1:
The price tests the level 0.0070–0.0071. If the volume does not drop — there may be another surge to 0.0073–0.0075
🔽 Likely scenario #2 (correction):
If RSI increases further and volumes decrease — there will be a quick correction to the range 0.00670–0.00675, possibly even deeper.
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🧠 What the trader should do:
Take partial profits if already in position
New entry — only after a small correction or consolidation
Watch the RSI: while at 89 — be ready for a "banana peel" 🍌😅
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📌 Key levels:
Resistance: 0.0070 / 0.0073
Support: 0.00675 / 0.00663
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#BANANAS31GREATDUMP #ChartAnalysis #cryptotradingpro 🍌📊