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【$BANANAS31USDT】Don't rush to catch the bottom/chase the high, check this first
$BANANAS31 4-hour RSI surged to 79.7, selling pressure accumulated near Bollinger Band upper rail at 0.0143, volume shrinkage obvious during Asia early session capital handover. Position size stable but funding rate 0.085% is relatively high, bullish leverage overheated. Buy depth concentrated abnormally in 0.01388-0.01389 range, clear traces of whales quietly accumulating, but thicker sell wall above at 0.01391-0.01392. MACD histogram contracting, momentum weakening. Risk/reward ratio decent at this level, but requires quick entry and exit.
Current price around 0.0139 go short directly, stop loss placed above 0.0143. First target 0.01255, reduce position by half upon arrival, let remaining ride breakeven. Second target around 0.0113.
View live chart 👇 $BANANAS31
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