$BANANAS31 Down 17% in 24 hours, now at 0.0045, with a low of 0.0044 and trading volume of 7.2M—this isn’t a pullback; someone is getting out.

I watched the order book all morning, and selling pressure hasn’t let up since last night. The move from 0.0055 to 0.0044—a range of more than 1,000 points—has been almost entirely one-way, with no meaningful bounce along the way. A trading volume of 7.2M is substantial for a coin with this market cap, which suggests this isn’t retail investors cutting their losses; someone with capital is actively selling. That’s how meme coins work: once the hype fades, liquidity vanishes faster than anything else.
There are two key levels to watch: 0.0044 below is today’s low and short-term psychological support; if it breaks, 0.0040 is next. 0.0050 above is the midpoint of yesterday’s range. Failing to reclaim it means the structure remains weak. Shorting here no longer offers much value, but buying the dip? I’d wait for a 4-hour candle to show stabilization before considering it. Don’t catch a falling knife.
As a reference for trading: aggressive traders can try a small long position near 0.0044, with a stop-loss strictly below 0.0042 and an initial target of 0.0050, where they should halve their position. Conservative traders should wait for 0.0050 to hold before considering an entry, and keep their position size under 5% of total capital. As for shorting, the price is too low now—don’t chase it.
I cut most of my position near 0.0052 yesterday and have only kept a core position to watch. You don’t trade against the trend in a market like this. The old hands in the group know that’s how I operate: I’d rather miss out than buy into a downtrend continuation.
Has the news been priced in? The 17% drop has basically priced in the short-term negatives, but sentiment hasn’t recovered yet. 0.0044 is today’s dividing line between bulls and bears—keep a close eye on it. #每周来晒 #Gate广场中秋团圆局