#CryptoTrading. #technicalanalyst #Signal🚥. 📊 Technical analysis $BAN /USDT — 15min/1h timeframe
Current price ≈ 0.068882 USDT
-14.31% recently, sharp capitulation-style dump after previous pump, now deep pullback hugging lower BB with heavy red volume.
Price action & Bollinger Bands (15m/1h):
Price trading at / slightly below lower BB (~0.07047), far under middle BB (~0.07669).
Bands strongly expanded — extreme volatility with dominant bearish pressure.
Upper BB ~0.08290 — very distant resistance.
Volumes:
Current vol ~2.20B — still very high on red candles, showing continued aggressive selling.
MA(5) ~3.24B, MA(10) ~1.86B — volume remains elevated, supports bearish momentum, no clear drying up yet.
Key indicators:
• MACD — DIF -0.002239, DEA -0.001152, MACD -0.000087, negative histogram very shallow — bearish momentum slowing dramatically, early flattening / potential bullish divergence.
• RSI (6/12/24) ≈ 2.51 / 8.52 / 19.02 — extremely oversold (RSI6 <3, RSI12 <9), maximum selling exhaustion, classic capitulation signal.
Very sharp dump after prior pump. Extremely oversold near/below lower BB + RSI6 near 2.5 + MACD momentum almost flat = very high probability of short-term relief bounce / reversal attempt, but overall trend remains strongly bearish until reclaim of middle BB (~0.0767).
🟢 Long (high risk — oversold bounce / reversal scalp)
Entry: 0.0680–0.0690 (current zone or slight dip)
TP1: 0.0720–0.0740
TP2: 0.0765–0.0780 (middle BB area)
SL: 0.0660–0.0670 (new low / break below structure)
R/R: ~1:3+
Comment: Only for very quick scalp if volume dries up sharply + strong green reversal candle + MACD histogram turns positive. Needs immediate strong confirmation — extremely high risk in downtrend.
🔴 Short (moderate conviction — trend continuation)
Entry: 0.0700–0.0715 (small bounce to lower resistance / failed rally)
TP1: 0.0670–0.0660
TP2: 0.0630–0.0610
SL: 0.0730+
R/R: ~1:3+
Comment: Edge if rejection at 0.070–0.0715 + volume increase on red candles + MACD remains negative.