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BANNANA31 is flashing a classic double top pattern, a bearish signal that should raise red flags for any trader watching the charts. The price has tested the same resistance zone twice, only to be aggressively rejected both times.
Technical indicators confirm the warning:
The RSI is reversing, showing a clear bearish divergence, signaling weakening momentum.
Volume dropped during the second peak, suggesting fading buying interest as sellers take control.
On-chain data reveals increasing exchange inflows — a sign that holders may be preparing to sell into any short-term strength.
If BANNANA31 breaks below the neckline, a sharp drop could follow as stop-losses trigger and bearish sentiment takes over. Short-term traders should stay alert — double tops often break down quickly with little time to react.
Stay disciplined and don’t ignore the signals. Double tops rarely resolve to the upside without strong volume and conviction. Protect your capital — BANNANA31 may be headed for a fast correction.