The data doesn't look right. $BANANAS31 The current price is 0.0086, up 17% in 24 hours, but the trading volume is only 9.3 million, compared to a 40% decrease in volume before the pump. It's purely a manipulation by the market maker controlling the volume to push the price up, aiming for 0.009 but hitting resistance and getting stuck in that range.


Three possible implications: 1) The market maker is testing the selling pressure, and the small order cluster at 7.6% indicates retail investors are weakly chasing the rally; 2) Bots are masking the true outflow of funds, and the low point at 0.0073 yesterday shows signs of whale accumulation; 3) The night before a major volatility—orders around 0.0085 suddenly drop by 30%, usually a sign of a trend reversal.
Trading suggestion: Lightly test at the current price of 0.0086, set stop-loss at 0.0080 (exit if it drops below). If volume breaks through 0.009 with trading volume exceeding 15 million, add half of the position. Take profit at 0.0098, keep position within 30%. Remember, such volume-contraction signals for a pump happen only a few times a year, don’t be greedy for the last level.
BANANAS3122.61%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned