$BANK /USDT — BEARISH MOMENTUM HINTS AT FURTHER PRICE DECLINE
$BANK /USDT is maintaining a bearish market structure, with price continuously rejected from the 0.0460–0.0470 resistance zone. The chart is forming lower highs, while support levels are being tested repeatedly — a classic sign of weakness and growing downside pressure.
Volume expansion on bearish candles and flattening moving averages suggest sellers remain in control. Unless price reclaims key resistance, the market is likely preparing for a downside liquidity sweep.
Trade Setup — SHORT POSITION
• Entry Zone: 0.0450 – 0.0462
• Targets:
– TP1: 0.0438
– TP2: 0.0429
– TP3: 0.0418
• Stop Loss: 0.0480
Market Outlook
Overall structure remains bearish as long as resistance holds strong.
Risk Management
Risk only 1–2% per trade and never trade without a stop-loss.
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