$BANANAS31 /USDT – Market Update (15m Chart)

Price: $0.016395 ▼ -52.62%

$BANANAS31 has experienced a sharp decline, dropping over 52% in the last 24 hours. The price fell from a 24h high of $0.034637 to a low of $0.015987, indicating heavy selling pressure. The 15-minute chart shows a clear breakdown below support with strong red candles and rising volume.

Indicators Insight:

SAR (Stop and Reverse) is above the price, suggesting bearish momentum.

MACD is in negative territory with increasing histogram bars, reinforcing the downtrend.

MA(5) > MA(10) indicates short-term volatility.

OBV (On-Balance Volume) remains high at 225M, meaning strong volume movement despite the fall.

Conclusion:

$BANANAS31 is in a critical bearish phase. Traders should watch for a potential support base around $0.0155 or signs of volume-backed reversal before considering entry.

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