BANANAS31 has increased by 2.99% in the past 24 hours, with a quite impressive price performance. From a technical perspective, this rally is supported by clear bullish momentum, but there are also some warning signals to be cautious of.



Let's first look at the bullish side. The EMA technical indicators are well aligned — the short-term EMA (0.004079) is clearly above the mid-term EMA (0.003978) and the long-term EMA (0.003819). This standard bullish alignment usually indicates that upward momentum is still ongoing. The MACD is also favorable; the MACD line (0.00005908) remains above the signal line (0.00003465), and the histogram is gradually increasing, suggesting that the driving force behind the price increase is accelerating.

Community sentiment is also leaning optimistic. Recent discussions mention phrases like "strong surge" and "bulls in control," supported by data showing two upward waves of 5.64% and 11.45% over the past week, indicating a market outlook that is quite positive.

However, a warning is necessary here. The RSI indicator is already in the overbought zone, with an RSI6 reading of 80.56 and RSI12 at 72.38, implying that the rally might be somewhat overextended. The price (0.004175) has now touched the upper Bollinger Band (0.004152), a position where pullbacks or consolidations are common.

Funding data also warrants attention. Recent net outflows of 80437 USDT, 69663 USDT, and 10953 USDT suggest that after this rally, some investors may be gradually taking profits.

Additionally, bearish voices are brewing within the community. Some point out that the coin appears somewhat "weakening" due to low trading volume, and they anticipate potential short opportunities, with concerns that liquidity might be suppressed.

Overall, the bulls still have fundamental support in the short term, but overbought signals and subtle shifts in capital flow indicate that risks should not be ignored. Close monitoring of breakout levels and trading volume will be crucial for the next move.
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ForkMastervip
· 8h ago
This is a typical night before fork arbitrage. The RSI is so high but you still dare to chase, and the money for three kids' milk powder is just gone. --- The upper band of the Bollinger Bands is just a trap. I've seen too many projects do this—false breakouts are all it takes. --- With a outflow of 80,437 USDT? Haha, smart people are already running, and you're still watching the EMA. --- Still touting a bull market in the overbought zone—this is a textbook example of rookie evolution. --- With such poor trading volume, you dare to boast about strong upward momentum? The big profits I made were just wasted like this. --- The community's optimism is bullshit. This is just the project team’s paid trolls inciting. --- As soon as the net outflow data appears, seasoned traders should run. Newcomers are still dreaming. --- RSI over 80 and not cutting positions? Don't blame me if it crashes down later—I warned you. --- I just like to see this kind of "fundamental support" argument, but in the end, they all turn into jokes.
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NotFinancialAdvicevip
· 8h ago
RSI is already overbought, and you're still chasing? This is just the beginning of being trapped, buddy.
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GateUser-e51e87c7vip
· 8h ago
RSI is already at 80 and still hyping a bull run, I've seen this trick too many times. Net capital outflow, isn't this running away? The upper band of the Bollinger Bands has been touched, isn't the next step a pullback? Wake up, everyone. With such weak trading volume, what are you talking about? It's just a false prosperity. I remain optimistic, but I think it's safer to sell half first.
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LiquidationSurvivorvip
· 8h ago
RSI has already soared above 80 and people are still bullish. This wave feels a bit dangerous... --- Net capital outflows are so frequent. What could this be hinting at? --- The upper band of the Bollinger Bands is already touching the price. It would be strange if there’s no pullback. --- Just ignore those "strong bullish surge" voices in the community. I still trust the data a bit more. --- Is liquidity really being suppressed? I’m a little panicked. --- Wait, with such low trading volume, you still dare to push? This coin seems a bit fake. --- The bullish outlook looks appealing, but I’m more concerned about when the dump will happen... --- It’s the classic pattern again: perfect EMA alignment, MACD golden cross, but in the end, it’s just overbought. --- Profit-taking has already begun. Will more people come in later? --- This price level is indeed a bit risky. The risk warning is quite timely.
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DAOTruantvip
· 8h ago
Banana Brother is acting up again, RSI is over 80 and he's still bullish. Isn't he just trying to get people to get liquidated? Funds are fleeing, USDT is flowing out. Smart people have already taken profits, right? Don't be fooled by the community's optimistic sentiment. The upper band of the Bollinger Bands has been touched. Usually, at this position, a pullback is expected. I bet five dollars that the next move will be a dump. With such low trading volume, how can anyone claim strength? I think this rally might be coming to an end. Let's wait and see if it breaks a key level; otherwise, I think it might be cooling off for a while.
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