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$BANANAS31 showing strong bullish momentum on the 4H chart.
After forming a clear bottom around 0.00278, price has made a sharp impulsive move and is now trading near 0.00425 with strong volume support.
📊 Technical Highlights:
MACD: Bullish crossover with expanding histogram → momentum is strong
RSI (6): ~87 → Overbought zone (possible short-term pullback)
Volume: Significant volume spike confirms breakout strength
🔑 Key Levels:
Immediate Resistance: 0.00430 – 0.00460
Major Resistance: 0.00490 – 0.00520
Support Zone: 0.00380 – 0.00350
📈 Outlook:
Trend remains bullish, but due to overbought RSI, a healthy correction or consolidation is likely before the next leg up. Best strategy is buy on pullback, not chasing green candles.
⚠️ Risk Management:
Always use stop-loss and manage position size properly.
💡 Trend > Emotion. Trade smart.
#BANANAS31 #CryptoAnalysis #BinanceSquare #Altcoin #Bullish 🚀📈