The pair $BANANAS31 /USDT has witnessed a strong upward wave in recent hours, with the price rising to 0.007498, recording gains exceeding +4.49%, along with an attempt to test the previous peak at 0.007600.
Technical indicators support the continuation of the upward momentum:
The moving averages (EMA 20/50/99) are positively aligned, which reinforces the short-term upward trend.
The Relative Strength Index (RSI) is still in the positive zone without being overbought, indicating room for further upward movement.
The MACD indicator shows a slight bullish crossover, confirming the persistence of the upward momentum.
The current support area between 0.00735 and 0.00741 is crucial. If the price maintains its stability above this area, there is a strong possibility of breaking the previous peak of 0.007600. In case this break succeeds, we might see the next targets near 0.00785 then 0.00800.
But on the other hand, any clear break of the mentioned support could lead to a downward correction towards 0.00710 – 0.00700 before any new attempt to rise.
🎯 Summary: The price is approaching a sensitive area, and breaking the level of 0.007600 could open the door to a new peak in the coming hours. Watch the movement closely, as the battle between buyers and sellers intensifies.
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