š$BANK
BEARISH TECHNICAL ANALYSIS
The chart indicates a bearish setup as price faces rejection near the 0.0441 resistance zone and fails to maintain upward momentum. The formation of a lower high signals weakening bullish strength, suggesting sellers are gaining control and a downside move toward key support levels is likely.
Bearish Highlights:
ā¢ Rejection from 0.0441 resistance zone
ā¢ Lower-high formation confirming bearish pressure
ā¢ Momentum fading after minor bullish attempts
ā¢ Price testing mid-range support levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 0.0400 zone
ā¢ TP2: 0.0390 zone
ā¢ TP3: 0.0387 major support
STOP LOSS (SL):
ā¢ Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, maintain strict stop-loss discipline, and avoid oversized positions during volatile conditions.
