$BANK – Pullback after sharp wick high, holding mid-range support
Price: $0.0408 (0.00%)
Range: High $0.0429 – Low $0.0396
Reason:
$BANK printed a quick upside spike to $0.0429 but couldn’t sustain it, triggering a clean rejection candle. Price has since drifted lower, but buyers are quietly defending the $0.0404–0.0406 zone, keeping the structure from fully breaking down. Volatility remains light compared to the earlier move.
Key Levels:
Support: $0.0404 – $0.0396
Resistance: $0.0415 then $0.0429
Trend:
Short-term neutral-to-bearish as momentum cools off after the failed breakout.
Trade Idea:
If $BANK reclaims $0.0415 with steady candles, then a retest of $0.0429 becomes possible.
If price loses $0.0404, then sellers may drag it back toward the day’s low near $0.0396.
