In a matter of minutes, $BANANAS31 USDT went from being one of the most profitable assets of the day to collapsing more than 28.88%. Just a few hours ago, this asset was leading the profit ranking in Binance futures with an impressive rally. But now, the story has changed drastically.
With a volume of over 510 million USDT, a giant red candle shook the chart downwards, marking a drop that many did not see coming. The RSI at 8 warns us of extreme overselling and massive panic in the market. Manipulation? Massive capital outflow? Or simply the beginning of a greater collapse in the crypto market?
📉 What is happening?
🔥 It went from a daily high of $0.01749 to a low of $0.01081 in seconds.
💣 Negative MACD, collapsed RSI, and open Bollinger Bands: clear signal of an accelerated dump.
👀 Many traders trapped at the top… and others celebrating their short entry.
🤔 Is the entire market collapsing… or is it just $BANANAS31 ?
This movement leaves us with a question in the air:
Is it a simple speculative movement on a low cap asset… or the beginning of something much bigger?
Whatever the answer, this is a golden lesson: the market can change in seconds.
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