$BANANAS31 Price Stabilizing After Volatility – Clear Levels to Watch
#bananas31_pump is currently trading near 0.00392 after a sharp move up followed by a healthy pullback and consolidation on the daily timeframe. This structure suggests the market is cooling down and preparing for the next directional move.
The main support zone is located around 0.00320 to 0.00330, which has acted as a strong base multiple times and shows buyer interest. A deeper but very strong support sits near 0.00290, marking the bottom of the recent range.
On the upside, immediate resistance lies at 0.00405 to 0.00420. A daily close above this zone would confirm renewed bullish strength. The next major resistance is near 0.00470 to 0.00500, which aligns with previous rejection areas.
Short-term long entry can be considered near 0.00330 to 0.00345 on pullbacks, with a stop-loss below 0.00290 and targets around 0.00405 then 0.00470.
Medium-term long entry is safer if price holds above 0.00320 with a stop-loss below 0.00280, targeting the 0.00500 to 0.00560 zone.
Short positions are risky at this stage. Only consider shorts if price gets rejected strongly from 0.00470 with confirmation, using a tight stop above 0.00510.
Market view
Trend is neutral to mildly bullish. Accumulating near support is safer than chasing. Patience around key levels will offer the best risk-to-reward setup.
