$BANANAS31 Surged 26% on Whale Accumulation, but an RSI of 95 Keeps Me Away.
I see why traders are excited about BANANAS31. Massive whale accumulation of over 39 million tokens and a confirmed technical breakout drove the price up 26 percent with volumes peaking at 2.6 million USDT. However, I am not jumping in. The RSI hit an extreme 95 and remains elevated near 88, signaling high probability of momentum exhaustion. Recent hourly outflows exceeding 76,000 dollars also show early buyers are taking profits. I will wait for a pullback.
I see why traders are excited about BANANAS31. Massive whale accumulation of over 39 million tokens and a confirmed technical breakout drove the price up 26 percent with volumes peaking at 2.6 million USDT. However, I am not jumping in. The RSI hit an extreme 95 and remains elevated near 88, signaling high probability of momentum exhaustion. Recent hourly outflows exceeding 76,000 dollars also show early buyers are taking profits. I will wait for a pullback.