【$BANANAS31USDT】This wave of data seems off, in-depth breakdown

$BANANAS31 4-hour level price broke out of the upper Bollinger Band, RSI soared to 85.79, buy-side clearly overheated. But open interest remains stable, funding rate reaching as high as 0.0971%, longs still paying high costs to maintain positions, this wave of selling is definitely a bull trap. During regular intraday volatility period, buy-side orders fractured but there are extremely thick pending orders around 0.0141 below, capital support intent completely exposed. MACD dual lines diverging strongly above the zero line, volume and price rising together breaking previous highs, this is real money entering.
Current price around 0.0141 go long directly, stop loss placed below 0.0104. First target at 0.0156, reduce position by half when reached, remaining portion hold for breakeven and take a shot at 0.0177. Risk-reward ratio 4:1, this trade is worth a try.
View live market 👇 $BANANAS31
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