🔥 Analysis $BANANAS31
Current price: $0.01268 on Binance
Change over 24 hours: +6.55%
Daily volume: 29.76 million USDT
Token: $BANANAS31
Chain: BNB Chain
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🧠 Project Overview
The BANANAS31 token is not just a meme; it is a community movement on the BNB Chain aimed at spreading fun and decentralization.
✅ Launched in November 2024
✅ Total supply: 10 billion tokens
✅ No allocation for developers – 100% fair launch
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📊 Technical Analysis (4-hour frame)
Indicator Value Interpretation
RSI 61.2 Upward momentum without overbought
MACD Positive crossover Confirmed bullish signal
First resistance $0.01318 Highest price in 24 hours
Strong support $0.01151 Previous bounce with high trading volume
Moving average 50 Price above it Good dynamic support
📈 Chart pattern:
The price has broken through a short-term descending channel and is now moving in a new upward wave with a gradual increase in volume.
🎯 Suggested trading strategy
- Optimal entry point: $0.01270–$0.01290 after confirming stability above $0.01250
- Stop loss: $0.01140 (below strong support)
- Profit targets:
- First target: $0.01380
- Second target: $0.01550
- Third target: $0.01800 (if momentum continues)
🏁 Conclusion
The BANANAS31 token shows strong technical signals at the beginning of a new upward wave, supported by community momentum and high trading volume.
If the level of $0.01318 is broken with strong volume, we may see a surge towards $0.015–$0.018 in the coming days.