BANK/USDT (Perp) โ€“ Short-Term Update (15M) ๐Ÿ”๐Ÿ“‰

Price is trading near 0.04895 after a strong dump from 0.0568, followed by a weak bounce. Market is still under pressure as price remains below the mid Bollinger band (0.05027).

Technical Outlook:

Sharp sell-off โ†’ relief consolidation

Price capped below MB โ†’ sellers still active

Volume fading โ†’ low momentum environment

Key Levels:

Support: 0.0480 โ€“ 0.0459

Resistance: 0.0503 โ€“ 0.0531

๐Ÿ”Ž Bias: Bearish to sideways below 0.0503

โš ๏ธ Reclaim above 0.0503 needed for bullish reversal; otherwise downside retest likely.

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