$BANANA 3% surge move towards bullish momentum.
🍌🍌Banana Gun’s 3.11% 24-hour price gain reflects growing adoption of its trading bot and bullish technical momentum, though overbought signals suggest caution.
🍌Bot usage surge: Record $120.7M weekly volume signals product traction
🍌⚡️Technical breakout: Price cleared key Fibonacci resistance at $25.88
🍌🔴Fee-sharing appeal: 40% of $301.5K weekly fees distributed to holders.
🍌🔴Chart structure favors bulls:
Price ($27.90) trades above all key SMAs (7-day SMA: $24.32, 30-day SMA: $19.16)
RSI(14) at 76.53 signals overbought conditions but maintains upward momentum
MACD histogram at +0.8277 confirms bullish divergence since July 15
🎯Key levels:
Immediate resistance at $29.6 (July 21 swing high)
127.2% Fibonacci extension at $33.89 could act as next target
