#SpotVSFuturesStrategy
BANANAS31/USDT is in a strong downtrend, trading at $0.01039 after a sharp 44.83% drop. The price is below all key moving averages, confirming bearish momentum. RSI is deeply oversold (RSI-7 at 16.9), suggesting a possible short-term bounce, but no reversal signals are present yet.
Key support lies at $0.01008, and resistance is around $0.01388–$0.01452. Without strong buying volume or bullish candles, the trend remains bearish, and further downside is likely if support breaks.
Investors should stay cautious unless the price reclaims the 25-MA on volume or shows a clear reversal pattern. DYOR