$BANK /USDT – 4H quick view

Price: 0.0402

Trend: Clear downtrend – price is under all EMAs (5/12/53), so sellers still in control.

RSI(6): ~31 → near oversold, so a small bounce is possible but trend is still weak.

Scalp bounce idea (for learning only, not financial advice):

Entry zone (long): 0.0400–0.0405 if it holds this support and prints green candles.

TP : 0.0415

TP : 0.0425 0.0430 (near EMA 53 / previous support-turned-resistance).

SL: below last low, around 0.0395.

What to watch:

If candles keep closing below 0.0400, downtrend is still strong – many traders would avoid fresh longs or wait for a clearer reversal signal.

@Lorenzo Protocol #lorenzoprotocol $BANK

BANKUSDT

Perp

0.03902

-4.03%