🚨 BANK IS BOUNCING LIGHTLY BUT THE TREND HAS NOT CHANGED — SHORT ON BOUNCE REMAINS A PRIORITY

$BANK

BANK increased ~2–3% during the day, but this is just a technical bounce in a still weak price structure. Data shows that the short side still holds the advantage.

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🔻 1. PRICE BELOW EMA25 – TREND NOT SAVED

• Price around 0.041–0.042, still pressed by EMA25 (0.044–0.045).

• EMA sloping down → medium-term trend has not reversed.

➡️ The bounce up to 0.043–0.045 is likely a bull trap.

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🔻 2. RSI & BOLLINGER: SHORT BOUNCE, HARD TO SUSTAIN

• RSI bounces quickly → likely to adjust back.

• Price touching Upper Bollinger Band → usually followed by pullback/sideways.

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🔻 3. VOLUME NOT SUPPORTING

• The bounce volume does not exceed the previous drop.

• Orderflow buying ~54% but the price does not surge → buyers are being absorbed.

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🔻 4. SUPPLY PRESSURE & SENTIMENT

• Unlocking tokens still pressuring the price.

• Good narrative but the market has not prioritized BANK.

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🧭 CONCLUSION — BEARISH ~60–65%

• Strategy: short according to the bounce.

• Short zone: 0.043 – 0.045

• Support: 0.0386 → losing this level easily goes back to 0.036 – 0.034.

• Only if the candle closes firmly above 0.045 with large volume, the bearish scenario will weaken.

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💬 Do you lean towards a bull trap or a real breakout?