#cryptotradingpro
Technical analysis for $BANANAS31 /USDT (timeframe 1 hour):
📊 Price
• Current price: 0.015058 USDT
• High of the last candle: 0.016731 USDT
• A red candle is forming after a strong growth — a local correction may begin.
📈 Indicators:
1. Bollinger Bands
• The price has exceeded the upper limit (UP: 0.015488) and is now decreasing — a sign of overheating, a possible rollback to the average (MB: 0.012921).
2. EMA (yellow line)
• The price is even higher than the EMA — the trend is still bullish, but the gap is decreasing → a change in the phase of the movement is possible.
3. Volume
• The volume was peak-high on the growth candle, now it is decreasing → interest in buying is weakening.
4. MACD
• MACD > 0, DIF above DEA — the buy signal is still valid, but there is a possibility of a downward crossover.
5. STOCH RSI
• Value: 39.09, decreasing from overbought → correction signal.
6. Open Interest (O.I.)
• Sharp increase to 4.48B → participants are actively opening positions, probably partially short.
✅ Summary:
• The trend remains upward, but signs of a short-term correction are emerging:
• the price has moved away from the maximum;
• volumes are decreasing;
• STOCH RSI and Bollinger signal overheating;
• a possible rollback to the 0.0145–0.0130 USDT zone before the next wave of movement.
⚠️Recommendation: watch the close of the current hour. If it closes below the EMA — a possible entry into the correction phase.