【$BANANAS31 Signal】Empty Position + Main Force Distribution Pattern

$BANANAS31 After a surge with high volume, the price shows signs of stagnation at high levels, with heavy selling pressure on the order book, indicating clear signs of main force distribution.

🎯 Direction: Empty Position (NoPosition)

Data reveals the truth: three consecutive high-volume candles on the 4H chart, but the buy/sell ratio remains below 0.5, indicating that the rally is driven by short covering (panic selling) rather than active buying. Open interest remains stable, but Takers are actively selling, combined with the current positive funding rate, suggesting the main force may be offloading at high levels and enticing more buyers to enter. Sell orders (above 0.00447) are piling up, while buy orders are weak, creating significant resistance to upward movement.

The current price is at a short-term emotional high, but lacks sustained buying support. Healthy reset requires a deeper pullback to clear out floating positions, rather than sideways consolidation at high levels to drain momentum. Wait for price action to give clearer signals or a retest of key support levels to confirm demand before making further decisions.

Trade 👇 $BANANAS31

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