Technical analysis of currency $BANANAS31 – Update at 11:03 AM (Saudi time)
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📊 Current situation:
Current price: 0.007778
24-hour increase percentage: +6.61%
Highest price: 0.008100
Lowest price: 0.006927
Very high trading volume: 18.36M USDT
MACD indicator: Clear positive crossover, indicating strong buying momentum
Last candle: Strong green candle with slight profit-taking afterwards, typical after a rapid rise
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📈 Technical indicators:
MACD: Crossover is bullish and supports the continuation of positive movement
MA (Moving Average 5 and 10): Indicates the beginning of an upward trend
Trading volumes: Very high, which supports the possibility of continued rise
Current support point: 0.007126 – 0.007384
Nearby resistance: 0.008100, a clear breakout may push the price towards 0.0086 – 0.0090
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✅ Do you recommend buying?
Yes, but with caution.
✅ Suitable for immediate/short-term buying provided a stop loss below 0.0071
🚫 Do not enter with all your capital now, as a slight correction may occur
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🔔 Recommendation:
📌 Partial buying now while monitoring the movement around 0.0081
📌 Nearest target: 0.0085 – 0.0090
📌 Stop loss: 0.0071
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🟢 Quick tip:
🚀 "The market is giving strong upward signals – but remember: caution with sudden rises!"