12.8 Market Overview: BANK moves into an ascending triangle #LorenzoProtocol $BANK @Lorenzo Protocol

BANK has been steadily moving upward driven by the market, which is also supported by the upcoming Federal Reserve's decision on a rate cut in December, leading to positive sentiment in the market. Conversely, the confirmation of the rate cut on the 11th will turn the favorable sentiment into a negative one. Therefore, there may still be a possibility of a rally in the next 1-2 days; BANK will have a certain rebound following the market trend.

Wait on the right side for a pullback to the trendline at 0.04536 to go long, with a stop at 0.045 and targets at 0.04604 and 0.04631; conversely, ambush on the left side with a short position at 0.04641, with a stop at 0.04692 and targets at 0.04588 and 0.04555.

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