$BANANAS31 Signal】1H selling pressure emerges, waiting for a pullback confirmation


$BANANAS31 The last 1H candlestick closed bearish, with a trading volume of 439 million, buying volume ratio sharply dropped to 0.46, and selling pressure actively suppressing.
The 4H Bollinger upper band at 0.0122 has been pierced and pulled back, current price at 0.01238 tightly hugging the band.
The 1H MACD histogram continues to shrink, showing clear signs of momentum exhaustion.
Depth imbalance at -21.77%, order book buy orders are weak.
Currently, the risk-reward ratio is unfavorable for chasing longs, better to wait for a pullback to confirm support.
🎯Direction: Watch (place low buy orders)
⚡Entry/Order: No orders placed, wait for price to fall back to the 0.0118-0.0120 range for reassessment
🛑Stop loss: 0.010834 (set if entering)
🚀Target 1: 0.011097
🚀Target 2: 0.011184
🛡️Trade management: - If entering, reduce 50% at Target 1 and move stop loss to break-even. Exit if price falls below entry point.
Short-term funding rate at 0.0015% is normal, open interest stable, but the selling-dominated candlestick structure warrants caution for further pullback.
Be patient for a better entry point.
Check real-time market 👇 $BANANAS31
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BANANAS3123.52%
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ETH1.45%
SOL2.74%
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