$BANANAS31 🔍 Analysis of the chart July 22 09:43
📈 Strong green candle with high volume — this is a signal of active buying and a possible start of short-term growth.
🟣 MA(99) = $0.007010 — already broken, but the price has just started to consolidate above. This is potentially a bullish signal.
💥 RSI = 76.6 — in the overbought zone, which means the price may pull back a bit.
📊 Volumes are increasing — confirmation of the strength of the movement.
🔮 Forecast for today $BANANAS31 (July 22):
✅ Likely scenario:
– If the price consolidates above $0.00705 — a quick move to $0.00720–$0.00725 may be possible
– Then — either profit taking and a pullback, or a breakout above the high at $0.00730
⚠️ Risk of the scenario:
– RSI in the overheated zone → a possible pullback to $0.00690–$0.00685 before a new wave
📍 Key levels:
Support: $0.00685 / $0.00680
Resistance: $0.00710 / $0.00725 / $0.00730+
💡 Trading idea:
– Short-term long with a take-profit in the zone of $0.00720–$0.00730
– Be cautious with entries: after such a candle, there may be a pullback to cool down the RSI
