#AltcoinSeasonLoading

Technical analysis of BANANAS31 coin dated July 16, 2025

The current price of BANANAS31 coin is around $0.0078, with fluctuations between $0.0076 and $0.0082 over the last 24 hours.

Support levels:

0.00765 important local support, breaking below may open the door for a decline

0.00650 previous technical support

0.00032 distant annual low

Resistance levels:

0.00829 highest level in 24 hours, breaking above may give bullish momentum

0.02530 historical resistance reached on July 10

0.05910 highest peak recorded by the coin

Overall trend:

Short term: sideways with a slight upward bias as long as it stays above 0.00765

Medium term: bullish if it closes above 0.0083

Relative Strength Index in a moderate range between 55 and 60

MACD crossover approaching positive

Summary:

Staying above 0.0076 enhances the chances of an upward movement. Breaking the resistance at 0.0083 could push the price to test 0.025 then 0.059. It is advised to set a stop-loss below 0.0076 and gradually take profits at each resistance.