The currency $BANANAS31 is experiencing volatility in its price movement over the last few hours, currently trading at 0.006940 USDT with a slight increase of +1.46%. Despite recent selling pressure, technical indicators have begun to show signs of a potential rebound.
🔹 Key levels:
Highest price in 24 hours: 0.007200
Lowest price in 24 hours: 0.006717
📊 Technical indicators:
The moving averages (EMA 20 and 50) are still very close to the current price, reflecting a state of accumulation in the market.
The RSI indicator is at level 46, indicating that the currency is in a neutral zone without overbought or oversold conditions.
The Stoch RSI indicator is close to the oversold area, which may support a short-term upward rebound.
The MACD indicator is still in the negative zone, but there are signs of a positive crossover on the horizon.
📈 Expected scenario:
If the price can hold above 0.00695 and break the resistance at 0.00700, we can expect a rise towards 0.00720 and then 0.00750.
However, if the support at 0.00685 is broken, the price may retreat towards 0.00670 and then 0.00650.
🎯 Proposed trading plan:
Good buying areas: 0.00685 – 0.00690
Potential profit-taking: 0.00720 – 0.00750
Stop loss: 0.00670
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