$BANANAS31 More Long Observations +49.10% – Strong Surge in Bullish Alignment of Moving Averages
The price firmly stands above all moving averages, with EMA(9/15/200) forming a standard bullish arrangement, and diverging upwards. This is a typical upward trend.
Key Positions
· Support: 0.0125 - 0.0130 (EMA9 and previous platform)
· Resistance: 0.0156 (previous high) / 0.0170
Trading Plan
· Entry: 0.0128 - 0.0132 area (pullback to moving averages)
· Stop Loss: below 0.0115 (break below EMA15)
· Take Profit: 0.0152 / 0.0165
A 220% increase in one month, with perfect volume-price coordination. This kind of movement is suitable for buying low during pullbacks to moving averages, do not chase highs.
⚠️ Not financial advice. DYOR, the trend is still on, set a trailing stop loss to protect profits.
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