$BANANAS31 is on fire, surging 30% to $0.0084 and smashing through key Exponential Moving Average (EMA) levels! This move confirms a strong bullish trend on the 4-hour chart.
The EMA(7) at $0.0081 is now acting as immediate support, with the EMA(25) at $0.0072 providing a solid foundation for this uptrend. While it's currently meeting resistance around the EMA(99) at $0.00845 and its recent high of $0.0108, the momentum is clear.
The Relative Strength Index (RSI) at 58 shows there's still plenty of room to run, even if the Stochastic RSI suggests a brief cool-down might be in store before the next leg up.
What's Next for $BANANAS31?
The massive 24-hour volume of 139M, with an earlier spike to 7.1B, highlights intense buyer interest despite some recent profit-taking.
Key levels to watch:
* Bulls want to see a hold above $0.0079, which could pave the way for a push towards $0.0094 and potentially $0.0108.
* However, a drop below $0.0072 could signal a retrace to $0.0068-$0.0061.
Smart traders are looking for entries on pullbacks rather than chasing pumps. Keep an eye on those support levels!