$BANK $BANK shows signs of weakness after failing to hold above the psychological level 0.0400 - multiple rejections and lower highs confirm the continuation of distribution in a tight range.
The asset has now broken short-term support at 0.0385, turning it into resistance. The price is consolidating near the lows with fading bullish momentum and declining buying volume, indicating buyer exhaustion.
If this structure remains intact, it could drive bears to push the price towards the liquidity zone of 0.0360–0.0350 before any relief bounce. The current trend favors the continuation of the bearish trend unless the price reclaims 0.0400 with volume confirmation.
A clean short setup is forming with tight invalidation above local highs. The risk is defined, and sellers appear to be in control.
Trading Setup (Sell)
Entry Range: 0.0385 – 0.0395
Target 1: 0.0370
Target 2: 0.0360
Target 3: 0.0350
Stop Loss: 0.0411
For more accurate and safer trades and to activate the upgraded version of the bot, send here
#BTCVSGOLD #USChinaDeal #BinancehodlerSOMI #BinanceBlockchainWeek
