#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Short technical analysis $BANANA /USDT (15min/1h timeframe)
Current situation
• Price ≈ 7.784 (+30.1% from the beginning of the strong momentum)
• Very powerful vertical movement after a long accumulation in the area of 5.9–6.5
• Price has broken through the upper band of Bollinger Bands (UP ≈ 8.731)
• Bollinger Bands are greatly expanded — a classic sign of high volatility and possible exhaustion of momentum
• Volume is very high on the rise, Open Interest has grown sharply
Key indicators
• MACD — histogram is still positive, but is already starting to weaken (DIF < DEA)
• RSI(6/12/24) 57.7 / 64.2 / 65.9 — zone of strength, not yet extreme overbought
• Price has significantly broken away from the middle band (~7.38) — a classic sign of overheating
🟢Long (aggressive, only for momentum continuation)
• Entry: 7.75 – 7.90 (on minimum pullback or volume continuation)
• Take Profit 1: 8.35 – 8.50
• Take Profit 2: 8.90 – 9.20+
• Stop Loss: 7.45 – 7.55 (tight)
• Risk/reward: ≈ 1:2.5 – 1:4
• Comment: Very risky. Suitable only for quick scalping for 5–30 minutes while maintaining volume and no long upper shadows
🔴Short (main scenario now)
• Entry: 7.90 – 8.20 (on slowdown, long upper shadows or first clear bounce)
• Take Profit 1: 7.55 – 7.35
• Take Profit 2: 7.00 – 6.80
• Stop Loss: 8.40 – 8.55
• Risk/reward: ≈ 1:3 – 1:5.5
• Comment: The most likely scenario is correction/profit taking after such a vertical movement. The longer the price stays near the highs without new volume, the stronger the potential drain
⚠️The most likely scenario for now
Strong overheating + exit far beyond the upper Bollinger + weakening MACD - high probability of correction in the coming hours.
The best points to short are the first signs of slowing momentum and the appearance of reversal candles with large upper shadows. Going long at such levels is a game against probability.