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Wait, is $BANANAS31 finally waking up or is this just another trap?
Looking at the 1D chart, we just had a massive spike that got sold off immediately, leaving a nasty wick on top. We're currently sitting at 0.009806, hovering right around that local support level.
The volume is there (900M BANANAS), but the order book is looking a bit heavy on the sell side with 64% asks. If we can't hold this 0.009 zone, we're likely heading back down to test the 0.0088 area again.
I'm watching for a solid daily close above 0.0108 to confirm any real bullish momentum. Until then, it feels like we're just ranging in this chop.
Are you guys holding through this or looking for an exit?
#WCTCTradingChallengeShare8MUSDT