BANANA: The Leader of the Telegram Bots#BANANA led the Telegram bots hype with a 10x rally to $79. Since then, it’s been in a downtrend, but the current range could mark a major reversal zone.
Breaking $16.79 invalidates the idea, while passing $28.13 could trigger a run toward new all-time highs.
#BananaGun
Bananagun
$BANANA @BananaGunBot ─ Possibly beginning of Accumulation Range🍌 $BANANA @BananaGunBot 🍌
Could this possibly be the beginning of an Accumulation Range?
As usual, my base case is Wyckoff Accumulation Schematic #1.
Time and more data will tell—adding $BANANA to the watchlist.
Clues to Support an Idea:
1️⃣ Prolonged downtrend
2️⃣ Preliminary Support (PS) – Surge in selling volume followed by above-average buying volume
3️⃣ Selling Climax (SC) – Huge increase in selling volume
4️⃣ Automatic Rally (AR) – Short-lived spike in buying volume