Analysis of pattern $BANANAS31
(based on the current situation) 🍌📊
🔹 Formation: on the 4H and 1H charts, a pattern of an "ascending wedge" is observed after a local bottom ($0.0063) — this can signal either a continuation of growth or a potential correction zone.
🔹 Support: $0.0072 — a key area, below which selling pressure will begin.
🔹 Resistance: $0.0105 and $0.0120 — the nearest levels, a breakout of which will open the path to $0.0137 and $0.017.
📈 If volumes increase and the wedge breaks upwards — a pump is possible.
📉 But if a downward breakout occurs — a pullback to $0.0065 is quite real.
🧠 Conclusion: the token is trading in a compression zone. If it rises above $0.0105, an upward impulse can be expected. For now — accumulation phase, observation is important.
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