$BANANAS31
– ACCUMULATION PHASE NEARING BREAKOUT 🚀
$BANANAS31 is consolidating tightly after retesting support at 0.00708 and holding firm. Buyers are gradually stepping in, absorbing sell orders and pushing towards the 0.00720 mark. A clean break and hold above 0.00722 could open the door for a swift rally into the next resistance band.
Trade Setup:
Entry Zone: 0.00709 – 0.00715
Take Profit 1: 0.00725
Take Profit 2: 0.00735
Take Profit 3: 0.00750
Stop Loss: Below 0.00700
Market Outlook:
Momentum indicators are curling upwards, with volume building steadily—signaling growing interest. Price is compressing within a narrowing range, often a precursor to a sharp move. Watch for a confirmed breakout with increased volume to ride the next leg up.
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