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Banana Gun (BANANA) Token Surges to New All-Time High
#BANANA #BananaGun $BANANA

Banana Gun (BANANA), a Telegram bot for purchasing tokens on the Ethereum Network, soared to a new all-time high of $75.73, surpassing its $60 hurdle. This bullish move was driven by a 1436% volume spike following its Binance listing.

Uptrend and Chart Patterns
BANANA had been in an uptrend, forming a rounding bottom pattern. After months of range-bound moves, bulls finally broke through the $60 resistance, leading to the new ATH.

Bullish Indicators and Potential
A long bullish marubozu candlestick on the daily chart, coupled with high volume, indicates potential for further gains. As long as BANANA stays above $60, analysts predict it could reach $100 this month.

Current Performance
BANANA is currently trading at $68.70, up 20.79% intraday, with a monthly return of 47.20% and an annual return of 437.20%. The token's market cap is $178.11 million, with a total supply of 8.90 million. Analysts suggest a continued bullish trend towards $100.

Buying Momentum
Despite the new ATH, buying momentum remains strong. The RSI at 78 and green bars on the MACD signal bullish movement. According to the Fib extension tool, targets beyond the ATH are $88 and $100.

Rising Demand
Active addresses for BANANA have increased by 34% to 1,455, reflecting growing demand. Social media buzz also indicates high investor interest.

Support and Resistance
Immediate support levels are $60 and $55, with resistance at $78 and $85.

Buying Opportunity
With BANANA trading above key moving averages and in bullish momentum, any dips near $65 are seen as buying opportunities.