According to @CryptoCoinCoach, BAN is developing a symmetrical triangle after an extended consolidation, a pattern that frequently precedes major breakouts on crypto charts and places the token on breakout watch for momentum traders, source: @CryptoCoinCoach. Traders typically wait for a decisive close outside the triangle with expanding volume, then project a measured move equal to the pattern’s widest height from the breakout point to frame profit targets and use a re-entry into the triangle as invalidation, source: Thomas Bulkowski, Encyclopedia of Chart Patterns. Classic technical analysis also emphasizes volume contraction within the triangle and a volume surge on the break to help filter false moves, a principle widely applied by crypto traders during volatility regimes, source: John J. Murphy, Technical Analysis of the Financial Markets.

According to Ai 姨, five addresses potentially linked to the same entity, possibly a Gate.io hot wallet, recently deposited $10.21 million worth of BAN at a rate of $0.1016. These addresses withdrew BAN from Gate.io two days ago at $0.133, indicating a potential loss of $3.15 million if sold at current prices.

According to Liquidity Doctor on Twitter, a short trade has been set up for Banano (BAN) with an entry point at $0.073. The target is specified as MCR, with a margin requirement of $20 utilizing 8x leverage. This trade is part of a $100 to $1,000 challenge, suggesting a high-risk strategy aimed at significant returns within a short time frame.