Alright family, let me walk you through what I’m seeing here before anyone rushes in 👀
$BANK is currently trading around 0.0464 and the chart is showing a clean recovery after the pullback from lower levels. Price bounced strongly from the demand zone near 0.0445–0.0450 and is now consolidating above it. This sideways movement after an impulsive push usually signals strength, not weakness. Buyers are still defending the zone, and as long as price holds above support, continuation remains on the table. A clean push above the local high will likely invite momentum traders back in.
Trade Setup (Long)
Entry:
0.0460 – 0.0465
Targets:
0.0480
0.0500
0.0525
Stop Loss:
0.0442
Short Outlook:
As long as $BANK holds above the 0.045 support area, the bias stays bullish. A breakdown below this level would invalidate the long idea and shift momentum back to sellers. Manage risk prope
rly and let price confirm the move before scaling in.
