🚨 Ban Token Market Watch – Slight Dip Amid High Activity
$BAN
is showing signs of cooling after recent momentum. The token is currently trading at $0.07824, marking a modest -0.12% decline over the last 24 hours.
Despite the slight pullback, trading activity remains elevated, with a 24H volume of $13.31M and a sharp volume change of +254%, indicating continued trader engagement.
📊 Key Technical Insights:
RSI (14): 0❗️ – signaling extreme conditions worth monitoring.
Funding rate: 0.0057%, showing stable perpetual positioning.
EMA50 & EMA100: both trending downward, reflecting short-term bearish pressure.
RSI vs BTC: 41.16, highlighting weaker momentum compared to Bitcoin.
🔎 While the short-term technicals point to caution, the surge in trading volume suggests market participants remain active, possibly preparing for the next significant move.
👉 Traders may want to watch for support near $0.078 and potential reversals if buying pressure returns.
✅ Key Takeaway:
BAN faces near-term headwinds, but liquidity and interest remain strong, making it one to keep on the radar.
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