📊
$BANK /USDT — 1H Technical Analysis | Breakout & Retest Zone 🔍
BANK is showing fresh bullish activity after a strong impulse move, now cooling off into a healthy consolidation.
🔍 Chart Observations:
Price pushed from ~0.044 → 0.0505
Current price around 0.048
Price holding above MA(25) & MA(99) → bullish structure intact
MA(7) acting as short-term support
Volume spiked on the breakout, now decreasing → normal pullback
📈 Bullish Continuation Scenario
Hold above 0.047–0.0465
Break and reclaim 0.0505
Upside targets: 0.053 → 0.056
📉 Risk / Pullback Scenario
Loss of 0.0465
Possible retrace to 0.045–0.044
Structure weakens below 0.044
💡 Summary BANK remains bullish overall, and the current consolidation looks like a retest after breakout. Holding above key supports keeps upside potential alive.
⚠️ Not financial advice. Trade with proper risk management.
#BANKUSDT #DeFi #CryptoAnalysis #Altcoins #BinanceSquare $BANK