Market Overview for BANANAS31USDC on 2025-12-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Thursday, Dec 18, 2025 12:13 am ET1min read
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BANANAS31
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USDC
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Aime RobotAime Summary

- BANANAS31USDC dropped 4.5% to 0.00341, forming a bearish engulfing pattern.

- Volume surged during the decline, but RSI hit oversold levels without a strong rebound.

- Key support at 0.003424 and resistance near 0.003522 suggest cautious monitoring for potential reversals.

Summary
• Price swung between 0.00358 and 0.003608, with a sharp 4.5% drop into the session low near 0.00341.
• Momentum reversed in late trading, forming a bullish rebound toward 0.003522.
• Volume surged during the drop, but turnover diverged during the recovery.
• A bearish engulfing pattern formed at 0.00359–0.00353, with 0.003522 as a potential near-term floor.
• Volatility expanded mid-session but began to contract as price stabilized.

Banana For Scale/USDC (BANANAS31USDC) opened at 0.003587 on 2025-12-17 at 12:00 ET, reaching a high of 0.003608, a low of 0.00341, and closing at 0.003462 on 2025-12-18 at 12:00 ET. Total volume was 108.3 million, and turnover amounted to $381,647.

Structure & Formations


Price action revealed a bearish engulfing pattern during a sharp drop from 0.00359 to 0.00353. A small bullish reversal followed, forming a potential base at 0.00342–0.00348. Key support levels appear at 0.003424 and 0.00338, while resistance is likely near 0.003522 and 0.00357.

Moving Averages


Short-term 20- and 50-period moving averages on the 5-min chart are bearish, with price below both. On the daily chart, the 50-period line is approaching the 100-period line from above, suggesting a potential shift in trend.

MACD & RSI


The MACD turned negative mid-session, reflecting bearish momentum.
RSI hit oversold territory (around 32) near 0.00342, but failed to produce a strong rebound, indicating potential exhaustion in the rally.

Bollinger Bands


Volatility expanded during the sell-off, with price hitting the lower band at 0.00341. Recent consolidation brought price back toward the middle band, suggesting a potential pause in directional movement.

Volume & Turnover


Volume spiked during the bearish move but declined during the recovery, hinting at weak conviction in the upward bounce. Turnover confirmed the initial drop but diverged from price in the late session, indicating a weaker follow-through in bullish buying.

Fibonacci Retracements


A 61.8% retracement of the 0.00341–0.003522 move aligns with 0.00347, a level tested twice during the 24-hour window. A break below 0.003424 would likely bring the 38.2% retracement at 0.003404 into focus.

Looking ahead, a test of the 0.003522–0.00355 range could signal a potential reversal or consolidation. Investors should remain cautious around key support levels and watch for volume confirmation in any rally.